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Xperi Inc. (symbol: XPER) is an American technology company renowned for its extensive licensing of technology and intellectual property in diverse fields such as mobile computing, communications, memory and data storage, and three-dimensional integrated circuit technologies. As a consumer and entertainment technology leader, Xperi Inc. offers a robust portfolio of software and services tailored to enhance the user experience across various platforms.
The company's operations are segmented into four primary categories: Pay-TV, Consumer Electronics, Connected Car, and Platform Solutions. The Consumer Electronics segment is the cornerstone of Xperi's business model, generating the majority of its revenue. This segment focuses on embedding advanced technologies in everyday consumer devices, ensuring enhanced functionality and performance.
Pay-TV solutions offered by Xperi deliver state-of-the-art viewing experiences through innovative software that enhances content delivery and user interaction. In the Connected Car segment, Xperi is pushing the boundaries of in-car entertainment and connectivity, providing cutting-edge solutions that integrate seamlessly with modern vehicles.
The Platform Solutions segment encompasses a wide array of services designed to unify and streamline digital content across multiple platforms, ensuring cohesive and efficient media management.
In recent achievements, Xperi Inc. has partnered with leading global brands to drive innovation and deliver superior technology solutions. The company's financial health is robust, reflecting consistent revenue growth and strategic investments in research and development. Xperi's commitment to advancing technology is further evidenced by its active involvement in the latest industry developments and trends.
Stay updated with the latest news and developments related to Xperi Inc. through our comprehensive news section, featuring the most current information directly from Xperi Inc. and other reliable sources.
Xperi Holding Corporation (NASDAQ: XPER) announced that Novatek Microelectronics Corp will support its DTS Play-Fi technology on a new line of TV SoCs. This partnership enables manufacturers to create TVs featuring advanced wireless audio capabilities without additional hardware costs. Play-Fi allows functionalities like whole-home audio streaming and app-based headphone streaming. The technology is already adopted by over 30 brands, enhancing the audio experience for consumers.
Xperi Holding Corporation (NASDAQ: XPER) announced the launch of HD Radio technology in the 2022 BMW R 18 Transcontinental, marking the first motorbike to offer this digital radio system. HD Radio enhances audio quality and adds features such as album art and traffic updates. Nearly 75 million vehicles already utilize HD Radio, highlighting its broad adoption. Xperi aims to broaden the reach of its technology, following its successful integration into over 200 vehicle models and emphasizing its commitment to providing superior in-vehicle infotainment experiences.
Xperi Holding Corporation (NASDAQ: XPER) announced that Robert Andersen, CFO, will host investor meetings at the Citi 2021 Global Technology Conference on September 14, 2021. Investors interested in attending should reach out to their sales representatives to register for one-on-one meetings. Xperi is known for its innovative technologies under brands like DTS, HD Radio, IMAX Enhanced, Tivo, and others, enhancing entertainment experiences worldwide.
Xperi Holding Corporation (XPER) has announced the launch of DTS Play-Fi Home Theater, a groundbreaking wireless surround sound solution. Set to debut in Q3 2021, this innovation allows TVs to deliver enhanced audio without additional hardware costs. The technology supports various configurations, enabling users to connect existing Play-Fi devices and upgrade audio quality seamlessly. DTS Play-Fi aims to solve common sound quality issues faced by thinner TVs, offering modular upgrades for consumers.
Xperi Holding Corporation (Nasdaq: XPER) announced that its subsidiary, TiVo, renewed product and patent license agreements with Panasonic Corporation. This multi-year extension allows Panasonic to continue offering G-Guide, G-Guide HTML, and G-Guide xD in Japan, enhancing entertainment discovery across its devices. The agreement includes a commitment to implement the new OTT-Link functionality, which enables deep linking into content via G-Guide. This collaboration aims to improve consumer access to advanced content discovery solutions in Japan, showcasing TiVo's ongoing innovation in the entertainment sector.
Xperi Holding Corporation (Nasdaq: XPER) reported strong second quarter results for the period ended June 30, 2021, with revenue reaching $222.3 million and a non-GAAP earnings per share of $0.61. The company benefited from early deal closures and expense deferrals, boosting its 2021 financial outlook. Key highlights include renewed license agreements with major companies like Google and Fox, as well as a debt reduction of $50.6 million. The company also announced a $10 million share buyback and maintained a quarterly dividend of $0.05 per share.
Xperi Holding Corporation (Nasdaq: XPER) will report its Q2 2021 financial results on August 3, 2021, after market close. An earnings conference call is scheduled for 2:00 p.m. PT (5:00 p.m. ET) the same day. Participants can join by calling 800-430-8332 (U.S.) or +1 323-289-6576 (international), using Conference ID: 2203829. The company encourages access via the webcast link.
Xperi Holding Corporation (NASDAQ: XPER) and Fox Corporation (NASDAQ: FOXA, FOX) have announced a long-term renewal of their patent license agreement. This renewal provides Fox with enhanced coverage under TiVo’s extensive patent portfolios. Samir Armaly, president of IP licensing at Xperi, expressed satisfaction with the agreement, highlighting Fox's commitment to delivering compelling content and expanding its direct-to-consumer capabilities. TiVo is recognized for its significant investment in research and development, creating technologies that enhance content discovery across multiple platforms.
Xperi Holding Corporation (Nasdaq: XPER) has announced a licensing agreement with Horizon Media, the largest media agency in the U.S. This partnership will allow Horizon to access TiVo's TV viewership data, enhancing their media planning and measurement capabilities. TiVo's data integration aims to improve client outcomes for billions in advertising investments, boosting Horizon's strategic initiatives. The agreement encompasses Horizon's affiliates and signifies a move towards more data-driven advertising solutions in response to growing demand in the industry.
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