<p>Digitalsmiths Matt Berry, chief operating officer and chief technology officer. DIGITALSMITHS</p><p>Fast-growing video technology company Digitalsmiths has agreed to be acquired for $135 million in cash by TiVo, the company that pioneered digital video recording.</p><p>In announcing the deal to buy Durham-based Digitalsmiths Wednesday morning, publicly traded TiVo said the deal would accelerate its evolution into a company that provides software services over the cloud, creating a significant expansion in market opportunity for TiVo.</p><p>Digitalsmiths, which was founded in 1998, has a technology called Seamless Discovery that makes it easier for subscribers of video content to find what they want to watch on a wide variety of screens including TVs, mobile phones, PCs and tablets. Seamless Discovery makes video recommendations to viewers based on their past viewing habits, similar to the suggestions that Netflix makes, and lets viewers know where that content can be found.</p><p><a href="http://www.newsobserver.com/2014/01/29/3573962/tivo-acquiring-durhams-digitalsmiths.html">Keep reading...</a></p><p>Read also:</p><p><a href="http://www.multichannel.com/distribution/tivo-buy-digitalsmiths-135-million/147973">TiVo To Buy Digitalsmiths For $ 135 Million</a> (Multichannel News)</p><p><a href="http://www.thestreet.com/story/12283943/1/tivo-searches-for-an-edge-in-digitalsmiths-deal.html">TiVo searches for an edge in Digitalsmiths deal</a> (TheStreet.com)</p><p><a href="http://www.marketwatch.com/story/tivo-to-acquire-digitalsmiths-a-leading-cloud-based-content-discovery-service-2014-01-29?reflink=MW_news_stmp">TiVo to Acquire Digitalsmiths, a Leading Cloud-Based Content Discovery Service</a> (MarketWatch)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=dNwLEv_7fWclUKMv8dXU5tIJaJW_M&authuser=0&ned=us">43 additional articles.</a></p>