SAN MATEO, CA and SAN JOSE, CA--(Marketwired - Aug 29, 2013) - Opera Software (OSEBX:OPERA) and TiVo Inc. (
TiVo's operator customers who are shipping TiVo devices based on the Roamio platform will be able to offer popular apps and content to their consumers through the Opera TV Store. This combination will prove powerful for Opera and TiVo who both have ambitions to empower the pay-TV operator market with over-the-top (OTT) web content currently available on retail devices.
"Not only is Opera's Devices SDK best-in-class, but its standards-compliant HTML5 engine will enable a household name like TiVo and its cable operator customers to bring the best and latest of OTT web content quickly to the end user. We are looking forward to working with TiVo on further enhancing its operator solutions," said Aneesh Rajaram, Senior Vice President for TV and Devices, Opera Software. "In addition, app and content developers will have another avenue to reach many active and loyal TiVo users through their apps in the Opera TV Store."
Opera Software is the global leader in supplying web technology to makers of set-top boxes and connected TVs. In 2012, over 25 million connected TVs and devices shipped with the Opera Devices SDK, and the Opera TV Store has shipped on tens of millions of devices globally.
By early next year, TiVo plans to deploy the Opera TV Store, the world's leading HTML5-based TV app store, currently showcasing hundreds of applications. This number is predicted to grow rapidly with Opera innovations such as Opera TV Snap, a tool to convert online videos into connected TV apps, as well as the developer SDK.
In addition to the applications available in the store, Opera works closely with popular content providers that are moving to HTML5, allowing TiVo to quickly adopt applications such as YouTube. This also gives opportunities for brands and agencies to reach millions of new subscribers on TiVo through this alliance with Opera.
"Consumers want to watch what they want, when they want it and it's important to offer an easy-to-use interface capturing all the content possible, whether it be from cable TV or the web," said Jim Denney, VP of Product Marketing at TiVo. "We have selected Opera as a partner in this mission because it enables users in both the operator and retail segments a completely customized experience, along with a wide variety of local, national and global long-tail content and other applications from the Opera TV Store."
TiVo, the pioneer of DVR technology, has shipped more than 3.4 million devices in the United States through retailers and premium cable operators such as RCN and Suddenlink. The company is also a major player outside the United States, working with Virgin in the United Kingdom and Ono in Spain. Opera has shipped on tens of millions of devices through connected TV and device makers such as Sony, Toshiba, Phillips, TCL, Humax and Boxee.
About TiVo Inc.
Founded in 1997, TiVo Inc. (
About Opera Software
Opera products enable more than 350 million internet consumers worldwide to discover and connect with the content and services that matter most to them, no matter what device, network or location. In turn, we help advertisers reach the audiences that build value for their businesses. Opera also delivers products and services to more than 120 mobile operators around the world, enabling them to provide a faster, more economical and better network experience to their subscribers.
From family photos and funny videos to business ideas that change the world economy, the internet has always been about discovery. Whether you are a consumer getting online for the first time, or a multinational corporation trying to reach the right audience, Opera can help you discover more online.
Opera Software ASA is listed on the Oslo Stock Exchange under the ticker symbol OPERA. 'Opera', 'Opera Software', 'Opera Mini' and the 'O' logo are trademarks of Opera Software ASA. All other trademarks are the property of their respective owners. Learn more about Opera at www.opera.com.
TiVo and the TiVo logo are registered trademarks of TiVo Inc. and its subsidiaries.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, the future availability the Opera TV Store on TiVo devices. Forward-looking statements generally can be identified by the use of forward-looking terminology such as, "believe," "expect," "may," "will," "intend," "estimate," "continue," or similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include delays in development, competitive service offerings and lack of market acceptance, as well as the other potential factors described under "Risk Factors" in the Company's public reports filed with the Securities and Exchange, including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2013, Quarterly Report on Form 10-Q for the quarter ended April 30, 2013, and Current Reports on Form 8-K. The Company cautions you not to place undue reliance on forward-looking statements, which reflect an analysis only and speak only as of the date hereof. TiVo disclaims any obligation to update these forward-looking statements.
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