TiVo, a wholly-owned subsidiary of Xperi Holding Corporation (NASDAQ: XPER) this week announced that Cox Communications has entered into a multi-year extension of its intellectual property agreement for the company’s media-related patent portfolios.
“Our patent license renewal with Cox Communications further confirms the substantial relevance and value of TiVo’s intellectual property portfolios, particularly in the U.S. pay-TV market,” said Samir Armaly, president of intellectual property at Xperi.
TiVo notes it has spent decades investing in research and development to create market-leading technologies and broadly licensing them to the media and entertainment industry. TiVo says its innovations make it easier for viewers to find, watch, and enjoy all their content across a multitude of platforms.
As the largest private telecom company in the U.S., Cox provides a variety of home and business broadband applications and services to customers across its national footprint, including its Contour TV, high-speed internet, Homelife home automation and security, and home phone services.