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UPDATE 2-Rovi to buy DVR maker TiVo for $1.1 billion

NEW YORK, April 29- Rovi Corp, a provider of digital television guides, said on Friday it would buy video recorder pioneer TiVo Inc in a $1.1 billion deal that brings together two video software players with deep patent portfolios. The combined company, which will add Tivo's 10 million customers to Rovi's 18 million customers, will be led by Rovi Chief Executive Tom...

Source: Reuters

Rovi to buy DVR maker TiVo in $1.1 billion deal

Rovi on Friday announced plans to buy Tivo for $1.1 billion in cash and stock.

Source: Reuters

Rovi to buy DVR maker TiVo in $1.1 bln deal

April 29- Digital entertainment guide provider Rovi Corp said on Friday it would buy TiVo Inc, which makes digital-video recorders, in a deal valued at about $1.1 billion.

Source: Reuters

UPDATE 1-Rovi nearing deal to acquire DVR maker Tivo Inc - Bloomberg

April 28- Rovi Corp, which provides digital entertainment guides, is nearing a deal to acquire digital-video recording maker TiVo Inc, Bloomberg reported citing sources. Rovi is expected to pay a premium of about 10 percent for TiVo, implying a value of about $1 billion, Bloomberg said, citing the people. Shares of TiVo closed up 2.1 percent at $9.42 on Thursday,...

Source: Reuters

Rovi nearing deal to acquire DVR maker Tivo Inc - Bloomberg

April 28- Rovi Corp, which provides digital entertainment guides, is nearing a deal to acquire digital-video recording maker TiVo Inc, Bloomberg reported citing sources. Talks have progressed and Rovi may announce a deal as soon as Friday, the report said, citing people with knowledge of the matter. Rovi and TiVo were not available to comment outside of regular...

Source: Reuters