Gemstar TV Guide and Tivo Inc. has joined hands for International Deployment of Tivo Service through a Patent License Agreement. Earlier agreements include deployment of TiVo’s retail distribution and service provider in North America.”International interest in TiVo is at an all time high as retailers and service providers globally seek to deliver the TiVo service as a way to differentiate their video products,” said Joshua Danovitz, vice president and general manager, International at TiVo. The agreement came as a one-stop solution, which ensures that you get the best video recorder experience without attaining separate licenses for third party intellectual property.

Though the financial terms of the agreement are kept hidden, but it is beneficial for both the companies.

Via: Press