Television recording technology company TiVo Inc. added Daniel Moloney, a former executive at a company TiVo once sued, to its board of directors.
Moloney was president of Motorola Mobility Inc. after it was spun out of parent Motorola in early 2011. Motorola first hired him in 2000 when it acquired General Instrument Corp.
In June, TiVo settled lawsuits involving General Instrument as well as Cisco Systems Inc. (NASDAQ: CSCO) and Google Inc. (NASDAQ: GOOG), which now owns Motorola Mobility, and won $490 million in that deal.
San Jose-based TiVo (NASDAQ: TIVO) now has seven independent directors (those who aren’t employees of the company) on its board.
Read also:
Moloney Joins TiVo Board (Multichannel News)
TiVo Appoints Daniel M. Moloney to Its Board of Directors (MarketWatch)
TiVo names former Motorola Mobility executive Moloney to its board of directors (The Republic)
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