& cplSiteName &

Rovi Snaps Up Veveo

Mari Silbey
2/24/2014
50%
50%

Looking to expand its reach in the growing video search and recommendation market, Rovi has swung a deal to buy Veveo, a firm specializing in voice-based search technologies.

The deal was announced after the stock market closed Monday. Rovi Corp. would pay $62 million up front in cash for Veveo Inc. . Rovi says that there is also up to $7 million more on the table for the semantic technology company if it reaches certain sales targets in the future. Rovi plans to retain all of Veveo's roughly 60 employees.

Veveo develops natural language user interfaces. Its customers and partners include numerous Tier 1 service providers in North America. The company deployed its technology with Verizon Communications Inc. (NYSE: VZ)'s FiOS as far back as 2007. Veveo works with Comcast Corp. (Nasdaq: CMCSA, CMCSK), Cablevision Systems Corp. (NYSE: CVC), Rogers Communications Inc. (Toronto: RCI), AT&T Inc. (NYSE: T), and Verizon, among others.

Veveo chief marketing officer Samrat Vasisht told Light Reading last summer that his company had hundreds of trials of its speech-related solutions under way. He called the technology as "Siri for your TV," referring to Apple Inc. (Nasdaq: AAPL)'s famous voice recognition software. (See Pay TV Still Searching for UI Gold.)

Veveo chief product officer Daren Gill confirmed Monday that Veveo continues to focus on search and recommendation solutions that "understand what the user wants" and even help predict users' queries. "Voice is an important part of the future."

Rovi executive vice president John Moakley told us that Veveo's technology is complementary to his company's in-house metadata and analytics solutions. When asked why Veveo was a compelling acquisition target, he said it offered more benefits than any of its counterparts. "From our perspective, when you look in the entertainment space, and you look at what they've done with the knowledge graph that they have, and the technology they have… we didn't see [another company] that had that level of sophistication that was specifically tailored to entertainment."

The two companies expect to begin demonstrating their integrated solutions by the time the NCTA Cable Show rolls around at the end of April in Los Angeles.

— Mari Silbey, special to Light Reading

(5)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
ANON1242855980875
50%
50%
ANON1242855980875,
User Rank: Light Beer
2/28/2014 | 11:03:31 AM
Kudos to Rovi
Kudos to Rovi for its understanding of the importance of search & discovery in the red-hot smart TV space. But truth be told, voice recognition a la Veveo will only get Rovi so far. To truly dominate, a more ecumenical approach to input is required, and a keener understanding of consumer behavior is paramount.  Rovi should make more of its streamlined remote control, and consumer affinity for this input device acquired from decades of conditioning. All that needs to go is the tortuous onscreen keyboard, and siloed searching across multiple channels. You are close, Rovi. Now step up your search & discovery game with Kannuu: http://www.kannuu.com -- Kannuu demo video: http://bit.ly/1fw2Ctp
DOShea
50%
50%
DOShea,
User Rank: Blogger
2/26/2014 | 10:37:39 PM
Re: Voice-based search
I agree, IVR is certainly not a good role model, and voice-driven search or anything similar is going to really nail its landing in terms of performance and quality to be useful.
Phil_Britt
50%
50%
Phil_Britt,
User Rank: Light Sabre
2/26/2014 | 9:05:03 AM
Re: Voice-based search
The voice-based search will need to work better than many voice-based IVR systems I've used. The voice-based IVR systems are often like dealing with "Peggy" of the old Discover commercials. I usually just keep defaulting until I get a live person or, if given the option, opt for a entry-based system. Both are often faster than voice-based.
DOShea
50%
50%
DOShea,
User Rank: Blogger
2/24/2014 | 9:34:51 PM
Re: Voice-based search
Does this mean Siri can't change channels for you? Surprised Apple hasn't thought about that already.
albreznick
50%
50%
albreznick,
User Rank: Blogger
2/24/2014 | 6:27:38 PM
Voice-based search
the voice-based search and recommendation market is an intriguing one. I'll bet lots of people will start talking to their TV remotes in all sorts of ways. They may even make a movie about this relationahip someday.   
From The Founder
The more things change, the more they stay the same for Juniper's next-gen comms solutions, and that's a good thing.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
LRTV Custom TV
ZTE Pre5G & 5G Solutions

6|30|16   |   02:23   |   (0) comments


At 5G World London, ZTE demonstrated two types of equipment, including 128 antenna Pre5G Massive MIMO and 15GHz high-frequency base stations.
LRTV Custom TV
Energy 2020: Technology Innovation to Fuel Power Efficiency

6|30|16   |   07:21   |   (0) comments


Managing energy costs and consumption as cable operators deploy new services requires new levels of innovation from technology partners. In this video, Dave Fellows, co-founder and CTO of Layer3 TV and chief scientist of the SCTE/ISBE Energy 2020 program, discusses such ambitious objectives as achieving a second 500% increase in efficiency in outside plant ...
LRTV Custom TV
Transitioning to Service Agile Networks

6|30|16   |     |   (0) comments


Packet optical networks are transitioning from proprietary converged systems to open disaggregated platforms. This video will describe the Fujitsu 1FINITY disaggregated platform, explore how 1FINITY interoperates with the Fujitsu FLASHWAVE platform and explain how 1FINITY is designed for software control, like with Fujitsu Virtuora NC.
Women in Comms Introduction Videos
Nokia's Advancement Plan: Bring Old Skills to New Roles

6|29|16   |   7:57   |   (1) comment


Nokia's Sandy Motley advises women to change their mindsets; get aggressive about advancing their careers; develop strong, diverse support networks; and always bring forth learned skills to take on new challenges and different roles.
Between the CEOs
CEO Chat: Cisco's Yvette Kanouff

6|28|16   |     |   (0) comments


In Silicon Valley, Steve Saunders sits down with Cisco's Yvette Kanouff for an exclusive in-depth interview.
LRTV Interviews
Comcast: Prepping Next-Gen Video Services

6|28|16   |     |   (0) comments


In this LRTV interview, Comcast's Elad Nafshi outlines where MSO stands with cloud DVR, OTT video, college and gigabit services.
LRTV Custom TV
Energy 2020: Creating Unique Standards for Cable's Unique Networks

6|28|16   |   09:30   |   (0) comments


Cable's unique network requirements require a specific set of standards for operators to increase power efficiency, according to Dan Cooper, vice president of critical infrastructure for Charter Communications and chair of the SCTE/ISBE Standards Program's Energy Management Subcommittee, and Ian Oliver, managing director of the Trenchant Group and a member of the ...
LRTV Custom TV
Masergy: 'Now Is the Time for NFV'

6|28|16   |     |   (0) comments


Hear Ray Watson, VP of Global Technology at Masergy, talk about the advantages that enterprises can leverage using Network Function Virtualization (NFV), and how Masergy takes a unique approach to solving customers' problems. For more information on Masergy, please visit www.masergy.com.
LRTV Custom TV
Masergy Leads the Charge With NFV Capabilities

6|28|16   |     |   (0) comments


Hear Tim Naramore, CTO at Masergy, talk about how focusing on solving specific customer challenges, providing self-service automation tools and being laser focused on the customer experience has enabled Masergy to be a leader in the NFV space. For more information on Masergy, please visit www.masergy.com.
LRTV Custom TV
Private Company of the Year - Affirmed Networks

6|27|16   |     |   (0) comments


At BCE 2016, Steve Saunders speaks to Hassan Ahmed about Affirmed's success.
LRTV Custom TV
Energy 2020: Growing Services, Not Consumption

6|24|16   |   07:18   |   (0) comments


Management of power requirements needs to be a key consideration as cable operators deploy new services, says Dan Cooper, vice president of critical infrastructure for Charter Communications and chair of the SCTE/ISBE Standards Program's Energy Management Subcommittee. In this video, Cooper discusses the importance of cable operators and technology partners ...
LRTV Huawei Video Resource Center
Huawei & TDC First to Launch DOCSIS 3.1 Trial in Europe

6|24|16   |     |   (0) comments


To meet the rising demands for high-speed broadband and to tackle fierce competition for 1.5 million household, TDC wanted to upgrade its network to use the latest technology. Using Huawei's DOCSIS 3.1 solution, TDC is now able to offer gigabit speeds to its customers.
Upcoming Live Events
September 13-14, 2016, The Curtis Hotel, Denver, CO
November 3, 2016, The Montcalm Marble Arch, London
November 30, 2016, The Westin Times Square, New York City
December 6-8, 2016,
May 16-17, 2017, Austin Convention Center, Austin, TX
All Upcoming Live Events
Infographics
A new survey conducted by Heavy Reading and TM Forum shows that CSPs around the world see the move to digital operations as a necessary part of their overall virtualization strategies.
Hot Topics
'Brexit' Vote Hits BT, Vodafone
Iain Morris, News Editor, 6/24/2016
Brexit: It's Hard to See an Upside
Ray Le Maistre, Editor-in-chief, 6/29/2016
Qualcomm Readies Lower-Band 5G Testbed
Dan Jones, Mobile Editor, 6/27/2016
Sigfox Said to Face Customer Backlash
Iain Morris, News Editor, 6/27/2016
DT Eyes FTTH Solution to German Opex Issue
Iain Morris, News Editor, 6/29/2016
Like Us on Facebook
Twitter Feed
BETWEEN THE CEOs - Executive Interviews
In Silicon Valley, Steve Saunders sits down with Cisco's Yvette Kanouff for an exclusive in-depth interview.
At the BCE 2016 show in Austin, ECI Telecom CEO Darryl Edwards tells Light Reading founder and CEO about the Elastic Network concept and the company's NFV and cybersecurity developments.
Animals with Phones
Live Digital Audio

Our world has evolved through innovation from the Industrial Revolution of the 1740s to the information age, and it is now entering the Fourth Industrial Revolution, driven by technology. Technology is driving a paradigm shift in the way digital solutions deliver a connected world, changing the way we live, communicate and provide solutions. It can have a powerful impact on how we tackle some of the world’s most pressing problems. In this radio show, Caroline Dowling, President of Communications Infrastructure & Enterprise Computing at Flex, will join Women in Comms Director Sarah Thomas to discuss the impact technology has on society and how it can be a game-changer across the globe; improving lives and creating a smarter world. Dowling, a Cork, Ireland, native and graduate of Harvard Business School's Advanced Management Program, will also discuss her experience managing an international team focused on innovation in an age of high-speed change.