Digital video recorder outfit
said it is launching a digital video recorder that can record two shows at once.
The Alviso, Calif., company, which has seen a rebound lately after winning a landmark legal battle against satellite operator
, will launch its Series2 DT DVR May 1.
"We've been hearing from our subscribers that they wanted a TiVo DVR that could record two shows at once," said product marketing VP Jim Denney. "With the TiVo Series2 DT DVR, we've delivered that capability to our customers at a very affordable price."
After activation and rebate, the new product will retail at $100.
Earlier this month a federal jury in Texas awarded TiVo roughly $73 million for lost profits and royalties, sending shares up and sparking speculation that the company could become a takeover candidate.
The company had fallen out of favor with Wall Street as cable and satellite operators introduced their own DVR services.
Tivo shares rose 6 cents to close trading at $8.55 on Tuesday.