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AT&T Agrees to Pay TiVo at Least $215 Million for Patents

Published on January 3, 2012
by Drew FitzGerald

TiVo Inc. on Tuesday said it reached a settlement with AT&T Inc. that gives the set-top box maker at least $215 million for its technology.

TiVo shares initially leaped 15 percent to $10.27 after hours Tuesday, while AT&T rose 6 cents to $30.44.

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