New York, July 18 (FinanceEnquiry.com) – Analyst Tuna Amobi at S&P CAPITAL IQ keeps HOLD ratings on the shares of Tivo (NASDAQ: TIVO).
In a research note published yesterday, the analyst mentions that TIVO has agreed to acquire TRA, a database platform provider and links information on same-household TV viewing and purchase transactions for worth &20 million. The new entity would be known as TIVO Research and Analytics (TRA).
As the deal is comparatively small, TRA would offer a solid complement to TIVO’s nascent audience research and advertising (ARM) business by potentially enhancing ARM’s value propositions to media buyers. TIVO expects 2012 revenues of TRA to increase significantly. The closing of the deal is expected to be accretive to FY14 Jan EBITDA, the analyst says.
New York, May 24 (FinanceEnquiry.com) – The economic statistics unleashed on May 23 signified solid vocation expansion and gave more indications that housing is getting better. Being a level constant with steady...
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Detailing it, by 0.21 percent, the Dow Jones industrial...
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