Toshiba Taps TiVo for TV Product

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Toshiba America Consumer Products Inc. will tap into TiVo Inc. technology to create a new line of digital-video-recorder products.

The Toshiba America Inc. subsidiary signed a licensing agreement with San Jose, Calif.-based TiVo to use its DVR technology in a product line being readied for the 2003 holiday shopping season. It joins Sony Corp. in agreeing to the license for TiVo's recording technology.

"We are very excited to offer TiVo to consumers and incorporate this innovative technology into our future product lines," said Toru Uchiike, president of Toshiba America Consumer Products.

"We view DVR as a central component to the next generation of digital consumer products," he added. "With the sophisticated, user-friendly navigation interface, TiVo is the DVR solution of choice."

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