TiVo to Be Acquired by Rovi for $1.1 Billion 

The acquisition will merge TiVo — which has shifted its business to selling software and hardware to pay-TV operators, away from retail sales of DVRs — with Rovi, a supplier of interactive program guides, entertainment metadata and related products to cable and satellite operators, consumer-electronics makers, media and entertainment firms, and Internet companies.

Source: TiVo to Be Acquired by Rovi for $1.1 Billion | Variety