(credit: cncphotos)
Rovi, the company that's buying TiVo, isn't very interested in staying in the hardware business.
The combined company will be looking to partner with set-top box makers instead of continuing to sell set-top boxes directly to consumers, Rovi Chief Financial Officer Peter Halt said at an investors conference last week. (See transcript and this Light Reading article.)
Halt noted...
Rovi, the provider of entertainment metadata, is in talks to acquire TiVo, a service that introduced DVRs and time-shifting but never became a powerhouse moneymaker, according to a report Thursday in The New York Times.