Tivo, Inc., was incorporated on August 4, 1997 as Teleworld, Inc. The Company is a provider of software, services and technology that enable the distribution and management of video content through set-top boxes and an increasing variety of consumer electronic applications and devices, such as smartphones and tablets. It offers a full whole-home solution that includes 4-Tuner and 6-Tuner digital video recorders (DVRs)/gateways, IP STBs, and streaming to mobile and tablet iOS devices, access to broadband video content, TiVo Online/Mobile Scheduling and applications on third-party devices such as tablet computers and smartphones. It distributes TiVo devices through consumer electronics retailers and through on-line store at TiVo.com. As of January 31, 2014, there were approximately 4.2 million subscriptions to the TiVo service through its TiVo-Owned and MSO businesses. On February 14, 2014, Company acquired Digitalsmiths Corporation, one of the Pay TV industry's adopted cloud based search and recommendation services. Company's products include: TiVo Mini, TiVo Stream, TiVo Roamio, TiVo Roamio Plus and TiVo Roamio Pro. Company has approximately 388 foreign and domestic patents and has approximately 358 foreign and domestic patent applications pending. The Company has engaged in significant intellectual property litigation with certain television service and technology providers in the United States to protect its technology from infringement.