Tivo Makes Its Hardware Exit Official, Lays Off Most of Design Team

Tivo Makes Its Hardware Exit Official, Lays Off Most of Design Team | Gadget Lab | Wired.com "According to sources within Tivo, most of the hardware team has been let go. So far, that’s five employees. A skeleton crew of two engineers has been retained to handle support for current and upcoming third-party devices. The sources told WIRED that Tivo is getting out of the hardware business altogether and making a big direction change."

Not too happy about this, but glad I have my Roamio.

Update: Much better, TiVo Isn't Exiting Hardware, Says TiVo. “We’re investing a ton into Roamio [the current TiVo line] and are working on new features and services for it…it’s just not right to say we’re exiting the hardware business.”