Devices

Verizon, Rovi Extend Patent Agreement (MESA)

Rovi Corp. July 5 announced that Verizon Communications Inc. has signed a multi-year patent license renewal that runs into the next decade.

“Our patent license renewal with Verizon further confirms the significant value of Rovi’s intellectual property portfolio, particularly in the U.S. pay-TV market,” said Samir Armaly, executive vice president, intellectual property and licensing, Rovi.

With this agreement, Rovi now has eight of the top 10 U.S. pay-TV providers under license, with six of those having entered into new or renewal agreements in just the last six quarters.