updated 04:45 pm EST, Wed February 23, 2005
Apple to buy TiVo?
TiVo shares today jumped more than 17 percent on Wednesday, fueled by speculation that , according to analysts. Reuters reports that although TiVo's CEO says the company is not for sale, its low $300 million market capitalization make it an attractive takeover target: "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. The report says that several companies have been discussed as potential suitors for TiVo, including Time Warner and Comcast, Sony, and Liberty Media.