Pursuits
Rovi, TiVo Try to Bridge Difference on Valuation
- Companies said to discuss value of intellectual property
- Deal would merge the two set-top box software manufacturers
This article is for subscribers only.
Rovi Corp. and TiVo Inc. are seeking to resolve differences over valuation and intellectual property, as the digital entertainment companies continue active merger talks, according to people familiar with the matter.
The companies are quibbling about the long-term value of their patents, said the people, who asked not to be identified because the discussions are private. TiVo and Rovi are less than 10 percent apart on valuation, one of the people said. No deal is imminent, and the planned transaction may still fall apart, the people said.