From TiVo’s press release:
TiVo today announced that it has acquired Strangeberry Inc., a small Palo Alto-based technology company specializing in using home network and broadband technologies to create new entertainment experiences on television. The acquisition will enable TiVo to accelerate its strategy, unveiled earlier this month at the Consumer Electronics Show (CES), to extend the TiVoÂ® service beyond digital video recording to include a much broader, richer entertainment experience for subscribers.
Strangeberry has created technology based on industry standards, including a collection of powerful protocols and tools that will enable the development of a host of new broadband-based content delivery services for the TiVo platform. TiVo has acquired Strangeberry’s intellectual property assets and engineering staff in exchange for equity. Financial terms of the deal have not been disclosed.
“DVR was just the beginning for TiVo
- If TiVo wasn’t already simple enough, you can now control it with your voice
- Tivo’s Next-Gen Platform is here to shake up streaming — and cable
- Altice One crams your modem, router, and streaming box into one device
- Cord-cutting 101: How to quit cable for online streaming video
- FCC interactive map shows broadband coverage down to your local neighborhood