The Online Investor
Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Thu., May. 26, 12:39 AM Recent mergers and acquisitions in the Application Software M&A category.

Slide #59. Rovi Corporation Veveo

Acquirer: Rovi Corporation (ROVI)
Acquiree: Veveo
Details: Rovi Corporation (NASDAQ:ROVI), a global leader in entertainment discovery, today announced it has entered into a definitive agreement to acquire Veveo, Inc., a provider of intuitive and personalized entertainment discovery solutions based in Andover, Massachusetts. Under the terms of the agreement, Rovi will pay approximately $62 million in net cash at the closing and up to $7 million in additional cash payments based on achievement of certain agreed-upon milestones.

Rovi provides a set of content discovery solutions that are embedded in its customers' products and services to connect consumers with entertainment, including device embedded and cloud-based interactive program guides, natural language conversational voice and text search and recommendation services and its extensive database of Metadata such as descriptive information, promotional images or other content that describes or relates to television shows, videos, movies, music, books, games or other entertainment content. Co. also provides advertising and a portfolio of data and analytics products including advertising and programming promotion optimization.

Open the ROVI Page at The Online Investor »

Company Name: 
Rovi Corp
Website: 
www.rovicorp.com
Sector: 
Application Software
 

Open the ROVI Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree ROVI Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Strong Buy (3.50 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Application Software M&A - Slide 59 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.