SAN JOSE, CA--(Marketwired - May 30, 2016) - Cubiware, a Warsaw, Poland based subsidiary of TiVo Inc. (NASDAQ: TIVO), today announced a partnership with ALi Corporation in which it will integrate the full-featured CubiTV Hybrid Middleware on ALi STB chipsets, with the intention of bringing highly competitive solutions to operators around the world.
The joint solution will enable pay-TV providers and telecom operators to deliver enriched hybrid or IPTV services, bringing viewers diverse and compelling digital TV experiences. Service providers will benefit from a high-performing future-proof platform that ensures a quick time to market; end-users will have access to revolutionary value-added services. The Cubiware Middleware solution runs on ALi's driver architecture, with the unified interface offering extremely flexible portability across set top box platforms and chipsets, thereby accelerating the development cycle and time-to-market.
"We are thrilled to be partnering with ALi Corporation to bring a feature-rich, competitive solution to service providers," said Jakub Gorski, co-founder of Cubiware. "This collaboration will provide viewers with greater choice and content and an exceptional TV viewing experience."
The ALi chipset features a smart solution that targets applications including hybrid set-top boxes, multimedia gateways, IPTV set-top boxes, OTT multimedia players and HDMI dongles, and embeds a dual-core ARM® Cortex(tm)-A9 processor delivering high performance application processing power, Mali-400 MP2 processor supporting 3D graphics and dedicated security processor enabling advanced security systems.
"Our partnership with Cubiware will move our business forward tremendously," said Tony Chang, Chief Operating Officer of ALi Corporation. "The CubiTV Hybrid Middleware technology integrated on ALi's high-performing chipset will enable operators to bring innovative digital TV experiences to viewers everywhere."
About ALi Corporation
ALi Corporation is a leading innovator and developer in the set-top box (STB) system-on-chip (SoC) market. By fully leveraging its core expertise in the set-top box industry, ALi Corp.' s solutions are recognized for their high levels of integration, superior performance reliability, premier customer oriented service and compelling cost structure. Hundreds of Pay TV operators have adopted ALi Corp.'s solutions worldwide. ALi Corp. was founded in 1987 with headquarters in Taipei, Taiwan, R&D centers as well as sales offices in Hsinchu, Shanghai, Shenzhen, Zhuhai, Geneva, Seoul, and New Delhi, and technical support teams throughout Asia. For more information, please visit www.alitech.com
Cubiware, a wholly owned subsidiary of TiVo Inc. (NASDAQ: TIVO), is an innovative provider of software for Digital TV devices and systems. Cubiware'sCubiTV solution is flexible middleware that enables cable, satellite, terrestrial TV operators, and telcos to introduce advanced TV services to network services. Support for a variety of Internet standards and high customizability enables rapid and cost-effective deployment. Cubiware'sCubiSDK software development kit (SDK) enables the building of customized software for video-enabled devices such as IPTV set-top boxes (STBs), DVB Zappers, and DVRs. CubiSDK includes multiple pre-built plug-ins and libraries, which may be used to add value to existing Cubiware IPTV or DVB/IP deployments as well as to accelerate development of new DTV products. For additional information please visit www.cubiware.com or email [email protected].
About TiVo Inc.
TiVo Inc. (NASDAQ: TIVO) is a global leader in next-generation television services. With global headquarters in San Jose, CA and offices in New York, NY, Durham, NC, and Warsaw, Poland, TiVo's innovative cloud-based Software-as-a-Service solutions enable viewers to consume content across multiple screens in and out-of-the home. The TiVo solution provides an all-in-one approach for navigating the 'content chaos' by seamlessly combining live, recorded, on-demand and over-the-top television into one intuitive user interface with simple universal search, discovery, viewing and recording from a variety of devices, creating the ultimate viewing experience. TiVo products and services are available at retail or through a growing number of pay-TV operators worldwide. TiVo's multiple subsidiary companies provide the broader television industry and consumer electronics manufacturers with set-top box, cloud-based video discovery and recommendation options, interactive advertising solutions, and audience research and measurement services. More information at: www.TiVo.com.
Forward Looking Statements
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 integration of Cubiware's CubiTV Hybrid Middleware on ALi STB chipsets. Forward-looking statements generally can be identified by the use of forward-looking terminology such as, "future", "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, 2016 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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