TiVo shares rise on takeover speculation

NEW YORK, Feb 23 (Reuters) - TiVo Inc. shares jumped more than 17 percent on Wednesday, fueled by speculation that Apple Computer Inc. might make a try to buy the digital video recorder maker, analysts said.

"What we hear on the street is that Apple is interested in their business and that they are a takeout target," said analyst Steven Kroll Jr. of Monness, Crespi, Hardt & Co.

Source: Reuters

It fits the "Digital Hub" idea doesn't it? TiVo has been a money-losing company recently. I really have no idea why Apple would want to buy them. But who knows, Apple is great at keeping secrets. I didn't know this, but Time Warner, Liberty Media, Comcast, and even Sony (which used to make TiVo boxes) are all said to be taking a look at TiVo, too (Engadget).

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