Tivo Inc was incorporated on August 4, 1997 as Teleworld, Inc. The Company is a provider of video technology software services and cloud-based software-as-a-service solutions. Its software and cloud-based services provide an all-in-one approach for navigating 'content chaos' by combining live, recorded, Video on Demand, and over-the-top (including Netflix, Amazon, Hulu Plus, Vudu, and YouTube, among others) content into one intuitive user interface. Its technologies include TiVo Service Client Software, TiVo & Digitalsmiths Service Infrastructure, Cubiware Middleware, TiVo-Enabled Hardware Design and Data Analytics. Its products are distributed through television service providers including Grande, ONO, RCN, Suddenlink, Cogeco, GCI, and Virgin. The Company's two categories of competitors for the TiVo-Owned channel: DVRs offered by satellite, cable, and telecommunications operators and advanced television products offered by consumer electronics and software companies. The role of the DVR is changing due to on-demand content from VOD, TV Everywhere, Netflix, Hulu, and applications designed to provide programming. It faces competition in MSO Business from NDS/Cisco, Ericsson (Mediaroom), Motorola/Arris, and from MSO internally developed solutions such as Comcast X1 and Liberty Global's Horizon, which have created competing products that provide user interface software for use on television set-top boxes and consumer electronic and mobile devices. It has approximately 533 foreign and domestic patents and has approximately 298 foreign and domestic patent applications pending.