Phillip Swann Wonders… Is TiVo for Sale?
Did Time Warner Bid on TiVo?: From TVPredictions.com.
“TiVo Chairman and CEO Mike Ramsay says flatly that his company is not for sale. Despite increasing competition from cable-backed Digital Video Recording services, TiVo does not need a new, deep-pocketed owner to compete, he says. The company’s popular TV recording features — and advanced technologies — will enable it to fend off the competition.
However, rumors persist on Wall Street that several companies may be interested in purchasing TiVo. In fact, the company’s stock rose five percent on Monday largely on unconfirmed reports that Time Warner had made an offer for TiVo.”