TiVo and Nero Partner to Deliver the TV Experience
Nero, leaders in digital media technology, and TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in television services for digital video recorders (DVRs), today announced that they have entered into an agreement to further enable the connected digital home by integrating TiVo’s television user experience with Nero’s next generation of PC software.
“The partnership with TiVo extends the TV experience for the connected digital home, enabling easy access anytime, anywhere to the most extensive TV content,” said Richard Lesser, CEO, Nero AG. “Our core technology enables the creation of new categories in consumer electronics, changing the way that users interact with both hardware and software. Our proven technology adds media functionality to the world’s leading consumer electronics, personal computing and software products.”
Under the agreement, Nero will develop a software solution that will bring TiVo features to the personal computer. Capitalizing on the growing PC TV tuner market, it will answer the consumer demand for a trusted PC-based DVR experience for use with the estimated 50.8 million PC TV tuners that will be sold worldwide by 2011, according to In-Stat research report published in April 2007.
“This agreement provides TiVo with an opportunity to deliver its interface and differentiated feature set globally via the PC, enabling TiVo to use all avenues of mass distribution – from consumer electronics, to cable and satellite boxes and soon, the PC,” said Tom Rogers, President and CEO, TiVo. “We are thrilled to work with Nero, a highly successful leader in software solutions for the PC who has the ability to develop a state-of-the-art program centered on the TiVo platform that will bring the same personalized entertainment experience to domestic and international consumers on their personal computers.”
About Nero
Nero is a global leader in digital media technology that allows the creation and distribution of content between people, devices and locations for the personal computer, consumer electronics, and mobile industries. Over 240 million units of Nero’s award-winning software solutions have been distributed globally and are widely used in the home, on the go and professionally.
Nero distributes products globally through hardware manufacturers, international partners, retailers, and directly through www.nero.com. Nero AG is headquartered in Karlsbad, Germany and serves the world with regional offices in Karlsbad, Germany (EMEA); Glendale, California, USA (Americas); Yokohama, Japan (APAC); and Hangzhou, China (China).
