SANTA CLARA, Calif., April 25, 2012 (GLOBE NEWSWIRE) -- Rovi Corporation (Nasdaq:ROVI) today announced that it has extended its license agreement with NDS Group Ltd, a leading provider of technology solutions for digital pay-TV, for Rovi's interactive program guide (IPG) patent portfolio. Through the agreement, NDS will be able to continue to provide IPG and related technologies under the Rovi patents to its customers. The extension runs for an additional 5 year period and includes new, additional rights under the Rovi patents for secondary screens such as mobile devices, tablets and online applications.
"As the industry's leading provider of digital TV solutions, NDS strives to help its customers deliver a world-class TV experience to subscribers on any device," said Gorm Nielsen, Senior Vice President, Strategy and Business Development, NDS. "We believe our customers benefit from having the option to license Rovi's IPG patents alongside NDS' own leading technology and service offerings and are therefore pleased to extend our license agreement with Rovi."
"This agreement enables NDS to expand its licensed product offerings and provide its digital pay-TV customers with more options in licensing IPGs for use across multiple devices," said Samir Armaly, EVP, Intellectual Property & Licensing, Rovi Corporation. "We are pleased to continue to work with NDS and their customers to help them deliver a world class TV experience to their viewers."
About NDS
NDS Group Ltd. creates the technologies and applications that enable pay-TV operators to securely deliver digital content to TV STBs (set-top boxes), DVRs (digital video recorders), PCs, mobiles and other multimedia devices. Over 90 of the world's leading pay-TV platforms rely on NDS solutions to protect and enhance their business.
NDS' VideoGuard® is the world's market-leading content and service protection solution, deployed in 125 million pay-TV households. VideoGuard conditional access (CA) and digital rights management (DRM) technologies safeguard pay-TV service revenues exceeding $50 billion. NDS middleware, which enables a host of advanced services for subscribers, has been deployed on 214 million devices. NDS DVR technology, centred around XTV™, is a leader in the global industry with 47 million units deployed. (Deployment figures as of 31st December 2011).
Headquartered in the UK, with over 5000 employees, NDS remains committed to investing in technology and development with over 75% of its employees dedicated to pioneering work at development centres in France, India, Israel, Korea, UK and US.
NDS Group Ltd. is a private company owned by the Permira Funds and News Corporation. See www.nds.com for more information.
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-K for the period ended December 31, 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.