Entertainment tech company Rovi Corp. announced this morning that it has completed a deal to acquire DVR maker TiVo for $1.1 billion in cash and stock. The new $3 billion aggregate, which will take the TiVo name, is expected to generate “saving synergies” of $100 million in the first year, according to the announcement. "The combined capabilities of TiVo and Rovi place us in a tremendous position to exten…
SOURCE: Deadline at 09:02AM on April 29, 2016