Filing of Certain Prospectuses and Communications in Connection With Business Combination Transactions (425)
July 11 2016 - 4:42PM
Edgar (US Regulatory)
Filed by Rovi Corporation Pursuant to
Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Companies:
Rovi Corporation
(Commission File No. 001-37764),
TiVo Inc. (Commission File No. 000-27141), and
Titan Technologies Corporation (Commission File No. 001-37764)
On July 11, 2016, Thomas Carson, Rovis Chief Executive Officer, sent the following email to all Rovi employees.
From:
Tom Carson
Send:
July 11, 2016
To:
## All-Rovi
Subject:
Important Regulatory Milestone Reached!
Dear Team,
As I
mentioned in my last update, the integration planning team is making good progress across work streams, and I am pleased to announce that we have reached a significant milestone in the process. The Federal Trade Commission and the Antitrust Division
of the U.S. Department of Justice have completed their antitrust reviews of the deal, which means we are able to move forward with the remaining steps in the acquisition process. More details are included in this
press
release
.
I want to recognize and thank everyone who contributed to this effort, particularly those teams that supported Pam, Sean and Samir in this
lengthy process as the amount of work to complete these filings has been substantial.
The deal, which is still expected to close later this quarter, must
be approved by stockholders of both Rovi and TiVo. We must also move through a number of steps and customary closing conditions before we reach Day 1. As a reminder, Rovi and TiVo will operate as two separate companies until the transaction is
completed.
As we approach close, we will continue to share updates on key events related to integration planning. We recognize that teams have specific
questions about how well operate going forward, and more information will be available once weve closed the deal and have had an opportunity to finalize integration details.
For now, I appreciate everyones continued focus and contributions to help us deliver during this quarter. Youll be hearing more from me and other
leaders at our next All Hands scheduled for July 28.
Regards,
Tom
Forward-Looking Statements
This communication contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including,
but not limited to, statements regarding the proposed acquisition of TiVo and expected transaction timing. A number of factors could cause Rovis and TiVos actual results to differ from anticipated results expressed in such
forward-looking statements. Such factors include, among others, 1) uncertainties as to the timing of the consummation of the transaction and the ability of each party to consummate the transaction; 2) the satisfaction of the closing conditions to
the transaction, including the approval of the transaction by Rovis and TiVos stockholders; and 3) failure to realize the anticipated benefits of the proposed transaction, including as a result of delay in completing the transaction or
integrating the businesses of Rovi and TiVo. The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included herein and elsewhere, including the
Risk Factors included in Rovis Annual Report on Form 10-K for the period ended December 31, 2015 and Rovis Quarterly Report on Form 10-Q for the period ended March 31, 2016, TiVos Annual Report on Form 10-K for the period
ended January 31, 2016 and TiVos Quarterly Report on Form10-Q for the period ended April 30, 2016, and other securities filings which are on file with the Securities and Exchange Commission (available at www.sec.gov). Neither company
assumes any obligation to update any forward-looking statements except as required by law.
ADDITIONAL INFORMATION ABOUT THE PROPOSED TRANSACTION AND WHERE TO FIND IT
This communication is not a solicitation of a proxy from any stockholder of Rovi, TiVo or Titan Technologies Corporation. Titan Technologies Corporation has
filed a Registration Statement on Form S-4 (Registration No. 333-211874) containing a preliminary joint proxy statement-prospectus regarding the proposed transaction and other documents regarding the proposed transaction described in this
document with the Securities and Exchange Commission. ROVI AND TIVO STOCKHOLDERS ARE URGED TO READ THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS AND SUCH OTHER MATERIALS BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANIES AND THE
PROPOSED TRANSACTION. A definitive proxy statement/prospectus will be sent to stockholders of each of Rovi Corporation and TiVo Inc. seeking their approval of the transaction. Stockholders may obtain a free copy of the joint proxy
statement/prospectus (when it becomes available), as well as any other documents filed by Rovi, Titan Technologies Corporation and TiVo with the Securities and Exchange Commission, at the Securities and Exchange Commissions Web site at
http://www.sec.gov. Stockholders may also obtain a free copy of the joint proxy statement/prospectus and the filings with the SEC that will be incorporated by reference in the joint proxy statement/prospectus from Rovi by directing a request to Rovi
Investor Relations at +1-818-565-5200 and from TiVo by directing a request to MacKenzie Partners, Inc., 105 Madison Avenue, New York, New York, 10016, (212) 929-5500, proxy@mackenziepartners.com.
PARTICIPANTS IN THE SOLICITATION
Rovi, Parent, TiVo and
their respective directors and executive officers and other members of their management and employees may be deemed, under Securities and Exchange Commission rules, to be participants in the solicitation of proxies in connection with the proposed
transaction. Information regarding Rovis directors and officers can be found in its proxy statement filed with the Securities and Exchange Commission on March 10, 2016 and information regarding TiVos directors and officers can be
found in its proxy statement filed with the Securities and Exchange Commission on May 27, 2016. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests in the
transaction, by security holdings or otherwise, may be obtained by reading the joint proxy statement/prospectus and other documents regarding the proposed transaction. Stockholders may obtain a free copy of these documents as described in the
preceding paragraph.
No Offer or Solicitation
The
information in this communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote or approval in any jurisdiction
pursuant to or in connection with the proposed transactions or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of
a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.
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