TiVo stock is skyrocketing after reports it's selling itself

Shares of TiVo are skyrocketing on a report that the company is in talks to sell its business.

According to the New York Times, TiVo is in talks with TV patent holder Rovi Corp to acquire its business.

More to come…

NOW WATCH: Here’s why you should never put Q-Tips in your ears

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.