Google Buys DVR Software Firm SageTV - Multichannel

Google Buys DVR Software Firm SageTV

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Internet giant Google has acquired SageTV, a developer of digital video recorder software for PCs.

Terms of the deal were not disclosed. The acquisition closed Saturday, June 18.

In a statement, Google said, "The SageTV team has developed the latest in media management software, and we look forward to working with them to take this technology to the next level."

SageTV and Google were among the seven companies that founded the "AllVid Tech Company Alliance," to lobby the Federal Communications Commission to force pay-TV providers to comply with specific technical video specs that could be accessed by third-party consumer-electronics devices.

Inglewood, Calif.-based SageTV was formerly known as Frey Technologies LLC. The company was founded in 2002. SageTV declined to disclose its investors.

In a statement on its website, SageTV said, "we think it's time our vision of entertainment management grows as well. By teaming up with Google, we believe our ideas will reach an even larger audience of users worldwide on many different products, platforms and services."

The SageTV statement continued, "We've seen how Google's developer efforts are designed to stimulate innovation across the Web, and as developers have played a core role in the success of SageTV, we think our shared vision for open technology will help us advance the online entertainment experience."

Google declined to comment on future product plans or how it intends to use the SageTV software.

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