TiVo Corporation has announced reaching a multi-year deal with Australian telecommunications carrier Telstra for the latter to gain access to its intellectual property (IP) on devices and applications.
TiVo, which bills itself as a "global leader in entertainment technology and audience insights", said the licensing agreement would help the company to continue growing in Australia.
"Our long-term relationship with Telstra demonstrates how video service providers around the world enter into licence agreements with TiVo to reach consumers with more innovative features and services," Arvin Patel, executive VP and chief intellectual property officer of Rovi Corporation, a TiVo company, said.
"This announcement marks TiVo's continued growth in the Australian market and the value our intellectual property brings to operators like Telstra, looking to bring advanced experiences to TV and beyond."
According to TiVo, it has spent "decades" funding and undertaking media and entertainment technology research and development (R&D), which Telstra can now take advantage of.
Telstra has previously worked with Roku on its streaming devices, with the telco having launched the second iteration of its Telstra TV[1] media box in October.
The newest Telstra TV made by Roku has a free-to-air TV tuner; high-efficiency video codec (HEVC) support; a quad-core MStar processor; 2GB of DRAM; 512MB of additional storage; 802.11a/b/g/n/ac Wi-Fi support; 2160p 4K UHD with HDR support; and HDMI 2.0.
The box is included in Telstra's AU$99 home broadband bundles, or is available for purchase for AU$192.
"We know that the high-quality digital experiences we are providing to more Australians will continue to differentiate and drive value for our mobile and broadband customers," Telstra's executive director of media Michele Garra said at the time.
"Our partnership with Roku, a pioneer of streaming to the TV, has made the new