Rovi $1.1 billion acquisition of TiVo

29/4/2016
Public acquisition

$ 1.1 billion

Announced

29/4/2016


Overview:

  • Rovi has made a $1.1 billion bid for TV tech company TiVo.
  • The deal is meant to make the new company competitive with Apple TV and Comcast.
  • The deal is expected to be completed in Q3 2016.
  • Cooley advised the acquirer.
  • Skadden Arps Slate Meagher & Flom advised the target.

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Industry sectors:

Technology and telecommunications
Entertainment


Firms:

Party: Rovi (Acquirer)


Party: TiVo (Target)