TiVo Buying Digitalsmiths

Jan. 29, 2014
TiVo (NASDAQ:TIVO) is acquiring Digitalsmiths, a cloud-based content discovery and recommendation...

TiVo (NASDAQ:TIVO) is acquiring Digitalsmiths, a cloud-based content discovery and recommendation service. Under the terms of the deal, TiVo will pay $135 million in cash, subject to a working capital adjustment. The transaction is expected to close in the first quarter of fiscal 2015.

Digitalsmiths offers personalized video search, recommendations and browsing, social trending, and mood-based discovery for multiscreen video services.

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