SANTA CLARA, Calif., Dec. 1, 2011 (GLOBE NEWSWIRE) -- Rovi Corporation (Nasdaq:ROVI) and Pace plc, a leading developer of products and services for broadband and broadcast operators, today announced that they are combining respective strengths in applications and service platforms, and in hardware and middleware, to jointly develop an integrated hybrid Internet Protocol (IP) solution. The new solution, targeted to be available in the USA, Canada, and Latin America, will be designed to help service providers develop and deliver new, advanced subscriber services that allow them to differentiate themselves in the marketplace.
Pace and Rovi expect to design the joint solution to utilize Pace's hybrid video gateway platforms, and to feature a new Rovi TotalGuide search and discovery platform based on a customizable application and service framework. The joint solution is expected to use standard web technologies like HTML 5 and be powered by Rovi Cloud Services.
The solution will be designed to integrate easily with the existing cable ecosystem in the Americas. As both Rovi and Pace technologies are already widely deployed in the pay TV industry, the new solution is expected to build on their existing infrastructures, accelerating service providers' time-to-market and the speed at which they can transition to cloud-based services.
"Our complementary products and broad footprints put Pace and Rovi in a strong position to launch a solution that can help service providers successfully compete in a rapidly shifting entertainment marketplace," said Mike Pulli, President, Pace Americas. "Together, we intend to give service providers the tools to offer their users a superior entertainment experience and flexible service platform, helping them to make sure that their services can really stand out in the market, and be adapted quickly to support the latest consumer trends and opportunities."
The combined solution will be designed with the goal of giving service providers control over how and when they innovate and develop their cloud-based services. It is expected to incorporate Pace's advanced hybrid video gateway devices, which offer service providers unparalleled performance, reliability and flexibility for delivering next generation broadcast and IP entertainment services. Working with the Pace gateways and middleware, the Rovi TotalGuide experience is expected to be entirely rendered in an embedded browser. Such an implementation could enable fast customization and service additions, as well as delivering a consistent experience across multiple devices, from TVs to smartphones and tablets.
"As a market leader in gateways and set-top boxes, Pace is an ideal collaborator to help develop a solution that is compatible with the current infrastructure, while also providing the customization capabilities service providers need to deliver distinct offerings," said Corey Ferengul, EVP Products at Rovi Corporation. "We believe the flexibility, ease, and technological power of our planned hybrid solution holds great promise for service providers and for consumers, who can ultimately benefit from a richer palette of entertainment features and capabilities."
About Pace plc
Pace (LSE:PIC) creates technologies, software, hardware and services for the broadcast and broadband industries. Pace solutions empower cable, telco and satellite operators to simply and cost-effectively innovate at the speed they want, in the way they want for their subscribers. Pace has built up its experience and expertise over 25 years and this is recognized by a customer base of over 160 operators around the globe.
Headquartered in the UK, Pace operates in markets across the world, and employs around 2300 people in locations that also include the USA, France, India and China.
About Rovi Corporation
Rovi Corporation is focused on revolutionizing the digital entertainment landscape by delivering solutions that enable consumers to intuitively connect to new entertainment from many sources and locations. The company also provides extensive entertainment discovery solutions for television, movies, music and photos to its customers in the consumer electronics, cable and satellite, entertainment and online distribution markets. These solutions, complemented by industry leading entertainment data, create the connections between people and technology, and enable them to discover and manage entertainment in an enjoyable form.
Rovi holds over 5,100 issued or pending patents worldwide and is headquartered in Santa Clara, California, with numerous offices across the United States and around the world including Japan, China, Luxembourg, and the United Kingdom. More information about Rovi can be found at http://www.rovicorp.com/.
The Rovi Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6482
Forward Looking Statements
All statements contained herein that are not statements of historical fact, including statements that use the words "will" or "is expected to," or similar words that describe the Company's or its management's future plans, objectives, or goals, are "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in the Company's most recent report on Form 10-Q for the period ended September 30, 2011 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at www.sec.gov). The Company assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.