Rovi Corporation (NASDAQ: ROVI), formerly Macrovision Solutions Corporation, today announced that Pace, a leading global developer of digital TV technologies, is using the Rovi Connected Platform solution to enhance its next-generation set-top boxes for cable operators and service providers throughout the Americas.
ďWe are committed to working with our customers in the service provider and cable markets to provide consumers with a cutting-edge entertainment experience that allows access to multiple types of digital media in the home,Ē said Bruce Gureck, VP of product development, Pace. ďThe Rovi Connected Platform is a comprehensive solution that enables us to easily integrate with the latest interoperability standards that help to enable access to premium, recorded and personal content from a variety of locations and devices.Ē
This announcement expands on an existing relationship between Rovi and Pace. In 2007, Pace and Rovi (then Macrovision) collaborated to demonstrate a multi-room digital home experience using Digital Living Network Alliance (DLNA) specifications. Pace added DLNA capabilities to its set-top box and server products by integrating Roviís media player and media server software with existing Pace software to show how digital content could be accessed and viewed from any room in the home.
ďTodayís consumer has access to an endless source of available digital entertainment content but, once acquired, this content can have limited uses,Ē said Simon Adams, senior vice president of marketing and sales, Rovi. ďWe are pleased to collaborate with Pace as they continue to develop innovative set-top box products that give operators and service providers more choice on how to implement secure content sharing capabilities in their infrastructure while also taking the digital home entertainment experience to new heights for the consumer.Ē
The Connected Platform is designed to provide scalable and extensible technologies that support an array of applications and network environments. The solution includes an extensive package of standards-based development tools and reference designs, enabling CE manufacturers to customize advanced digital home entertainment products. The Connected Platform consists of a source code development kit (SDK), player and server software applications and a customizable, easy-to-navigate user interface. Operating system- and chip-agnostic, the solution assists CE device manufacturers to select which components and feature add-ons they want.
About Pace plc
Pace plc (LSE: PIC) is a leading technology developer for the global payTV industry, working across satellite, cable, IPTV and terrestrial platforms. Pace (pace.com) has one of the world's most experienced specialist engineering teams, developing intelligent and innovative products and services for both payTV operators and retail markets across the world.
Following the acquisition of the set-top box and connectivity solutions business of Royal Philips Electronics in April 2008, Pace employs over 900 people in locations around the world, including France, the USA, India and Hong Kong. Pace's international headquarters are in Saltaire, West Yorkshire, UK.
About Rovi Corporation
Rovi Corporation (rovicorp.com) is focused on revolutionizing the digital entertainment landscape by delivering solutions that enable consumers to intuitively connect to new entertainment from many sources and locations. The company also provides extensive entertainment discovery solutions for television, movies, music and photos to its customers in the consumer electronics, cable and satellite, entertainment and online distribution markets. These solutions, complemented by industry leading entertainment data, create the connections between people and technology, and enable them to discover and manage entertainment in an enjoyable form.
Rovi holds over 4,000 issued or pending patents and patent applications worldwide and is headquartered in Santa Clara, California, with numerous offices across the United States and around the world including Japan, Hong Kong, Luxembourg, and the United Kingdom.
Forward Looking Statements
All statements contained herein that are not statements of historical fact, including statements that use the words "will" or "is expected to," or similar words that describe the Company's or its management's future plans, objectives, or goals, are "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in the Company's most recent annual report on Form 10-K for the period ended December 31, 2008 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at sec.gov). The Company assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.
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