Sony Brings the Bling with Swarovski Photoframe

Is Apple Interested in Buying TiVo?

TiVo stock rose 17% percent on speculation that Apple might make a try to buy the digital video recorder maker, analysts said.

“What we hear on the street is that Apple is interested in their business and that they are a takeout target,” said analyst Steven Kroll Jr. of Monness, Crespi, Hardt & Co.

Representatives for Apple and TiVo both declined comment.

TiVo’s chief executive, Michael Ramsay, has said the company is not for sale. But with a market capitalization of only $300 million, analysts figure the company might be an easy target, perhaps from consumer electronics makers to media companies looking to bolster their video services.

Read more at Reuters

Trackback URL: http://www.digitaltrends.com/home-theater/is-apple-interested-in-buying-tivo/trackback/

blog comments powered by Disqus

Join The Digital Trends Community

DT RSS Feed

Everyone wants to be an insider, and you can be one too! Choose your poison: sign-up for our Newsletter, join us on Facebook, or follow us on Twitter. Do all three and you'll be swimming in the the latest news, reviews, videos and more gadget goodness!

DT Newsletter Sign-Up

Sign-up for the Digital Trends newsletter and find out about the latest contests, the hottest content, and the most popular videos. Let us keep you up-to-date!

Our Facebook

Become a DT soldier! Join us on Facebook and share the best news, guides, videos and other cool information directly with all your friends. Some might even thank you for it!

Join the thousands and follow the best of us on Facebook.

Twitter Us

Do you like information in small snippets? Then our Twitter feed is just for you. Follow Digital Trends and you'll be able to catch up daily on our latest content, or even interact directly with our team. Tweet Tweet!

Join the thousands and follow the best of us on Twitter.

That’s Right, Sign-up For Our Monthly Random Prize Drawings and You Could Be That Winner.