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Rovi Corp has signed an agreement with Google to allow the technology giant to use its interactive program guide patent portfolio for set-top boxes.
The move sent its shares up 4 per cent in pre-market trade.
The agreement also allows Rovi's patents to be used for online and mobile platforms.
Rovi's software is used in home entertainment devices to play various digital media formats such as DivX.
Google bought Motorola Mobility Holdings Inc for US$12.5 billion last year and got access to its hardware business, which builds phones and television set-top boxes.
Shares of Santa Clara, California-based Rovi rose 59 cents to US$14 in trading before the bell. The stock closed at US$13.41 on the Nasdaq on Wednesday (Thursday NZT).
- Reuters
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