Tom Rogers
Advanced TV leader TiVo has received approval from a US Bankruptcy Court Judge to acquire certain assets from Aereo.
Tom Rogers, President and CEO of TiVo, said that the strategic acquisition of Aereo’s trademarks and customer lists would enhance TiVo’s ability to serve the growing segment of consumers who want access to both broadcast television and over the top content.
“TiVo has found success in providing a more comprehensive offering and sophisticated user experience than any other player in the marketplace and we look forward to expanding on that success,” Rogers added.
The decision was made March 12 in U.S. Bankruptcy Court in Manhattan as the finalization of the Feb. 24 sale of Aereo’s patents, hardware and other assets.
