Xperi Inc - XPER STOCK NEWS

The COVID-19 pandemic has heightened the significance of personal vehicles and in-dash infotainment, particularly among Millennials and Gen Z, as per a CARAVAN survey commissioned by Xperi (NASDAQ: XPER). Nearly 47% of vehicle owners state their vehicle is more crucial now than pre-COVID, with 62% of households with children feeling the same. The survey reveals that 91% consider having radio in their dashboards important, while 78% of Millennials deem it indispensable. The findings highlight a shift in content consumption patterns and a growing demand for personalized in-vehicle entertainment.

BDEX has partnered with TiVo to enhance advertising capabilities, providing access to highly-targeted audiences while maintaining consumer privacy. Utilizing BDEX's Omnisource IQ — Machine Learning solution, TiVo can leverage TV data, creating accurate models of ideal target audiences. This collaboration expands BDEX's data solutions to TiVo's extensive reach, which captures insights from millions of homes. The partnership aims to improve advertisers' ability to connect with viewers across multiple platforms, offering significant potential for scale and effectiveness in audience targeting.

Xperi Holding Corporation (NASDAQ: XPER) has integrated its DTS AutoStage platform with radiko, Japan's leading IP simulcasting service. This partnership enhances the in-vehicle entertainment experience for drivers of brands like Mercedes-Benz S-Class by providing rich metadata such as program names and station logos. DTS AutoStage is now operating in 60 countries, allowing broadcasters to maintain control over their content. This move aims to create a seamless environment for users while boosting the platform's global presence and efficiency for broadcasters.

Xperi Holding Corporation (NASDAQ: XPER) announced that CFO Robert Andersen will present at the Sidoti & Company Virtual Conference on March 24, 2021, at 11:30am PT / 2:30pm ET. The presentation will be available via webcast on Xperi's Investor Relations website. Additionally, management will conduct one-on-one and group meetings during the conference. Xperi focuses on developing technologies that enhance entertainment experiences across various devices and platforms worldwide.

Xperi Holding Corporation (NASDAQ: XPER) announced a partnership with Loewe, a renowned German brand in the television and audio sector, to integrate DTS Play-Fi technology. New products featuring DTS Play-Fi are expected to launch in the first half of 2021, enhancing wireless audio solutions. This collaboration aims to offer consumers seamless, high-quality audio experiences throughout their homes, allowing Loewe to expand its product offerings with advanced audio capabilities without requiring additional hardware.

Xperi Holding Corporation (NASDAQ: XPER) announced a partnership with Hisense to integrate DTS Play-Fi® technology into Hisense products. This collaboration aims to offer a range of Play-Fi enabled devices set to launch globally in the second half of 2021. DTS Play-Fi enhances audio experiences with features like wireless surround sound and Hi-Res audio support, allowing manufacturers to create differentiated products. The DTS Play-Fi ecosystem boasts a wide array of compatible audio devices, ensuring comprehensive support for various music services and personal libraries.

Xperi Holding Corporation (Nasdaq: XPER) announced fourth-quarter 2020 results, reflecting a transformative year marked by a merger with TiVo and $45 million in run rate synergies. Total revenue reached $433.9 million with cash flow from operations of $298.2 million. The company paid down $163.1 million in debt and repurchased $20 million in stock. In 2021, Xperi projects revenues between $860 million and $900 million and aims to enhance profitability in its IP licensing and product businesses.

Xperi Holding Corporation (Nasdaq: XPER) has renewed its long-term agreement with Vodafone, a premier telecommunications provider in Europe and Africa. The new multi-year contracts grant Vodafone access to TiVo's extensive product range, including Content Discovery, Conversational Voice, and Insight Data Analytics, along with the company's patented innovations. This collaboration aims to enhance Vodafone's service offerings and customer engagement in a competitive entertainment market. The agreement underscores TiVo's commitment to delivering cutting-edge technologies to the media and entertainment sector.

Xperi Holding Corporation (Nasdaq: XPER) announced a multi-year extension of its agreement with Sharp Corporation to utilize TiVo's G-Guide products in Japan. This renewal allows Sharp to provide advanced interactive program guides, crucial for its AQUOS 8K series. The agreement also includes a broader license for TiVo's patent portfolio, enabling Sharp to enhance content discovery across its global product line. TiVo emphasizes its commitment to innovation, enhancing viewer experience by simplifying access to a wide range of entertainment options.