Welcome to our dedicated page for Xperi news (Ticker: XPER), a resource for investors and traders seeking the latest updates and insights on Xperi stock.
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.
IMAX Corporation and Xperi, Inc. announced an expansion of the IMAX Enhanced movie collection via Rakuten TV. This collaboration will introduce 100 IMAX Enhanced titles across eight European countries over the next six months. The service will enhance viewing experiences by offering exclusive expanded aspect ratios and IMAX signature sound. The partnership aims to meet the growing demand for premium cinematic experiences among consumers.
Xperi Inc. celebrates its first day of trading on the New York Stock Exchange under the ticker 'XPER'. CEO Jon Kirchner highlighted a strong balance sheet and a path for growth and profitability, driven by its brands like TiVo and DTS. The company aims to enhance its media platform business through engagement-based advertising and data analytics. It has secured partnerships with major players like BMW and Vestel, indicating significant market opportunities. Shareholders of Adeia received Xperi stock based on a distribution ratio.
Xperi Holding Corporation (NASDAQ: XPER) has announced the appointment of the leadership team and Board of Directors for its upcoming independent IP licensing business, Adeia Inc., which is set to separate on October 1. The leadership includes Paul Davis as CEO, Keith Jones as CFO, and Kevin Tanji as CLO, among others. The Board, chaired by Dan Moloney, features members with extensive industry experience. This new structure aims to drive innovation and growth within Adeia's substantial IP portfolio, further enhancing its position in media and semiconductor industries.
Xperi Holding Corporation (NASDAQ: XPER) announces the successful spin-off of its product business, Xperi Inc., effective October 1, 2022. On October 3, 2022, Xperi Inc. will ring the opening bell at the New York Stock Exchange, marking its first trading day under the ticker 'XPER'. Concurrently, Adeia Inc., the independent IP licensing entity, will ring the closing bell on Nasdaq, starting trading under 'ADEA'. This spin-off aims to enhance operational focus and drive growth for both entities in the technology and entertainment space.
Xperi Holding Corporation (NASDAQ: XPER) is set to separate its product business and IP licensing business into independent entities on October 1, 2022. CEO Jon Kirchner anticipates significant revenue growth from the product business, projecting hundreds of millions over the next three years, with an expected EBITDA margin of 25-30%. Meanwhile, Adeia's CEO Paul Davis aims to leverage its high EBITDA margins and focus on growth in video consumption and content storage. Management will discuss these strategies at a virtual investor meeting today.
Xperi Holding Corporation (NASDAQ: XPER) has partnered with Sense Media Group to introduce InCabin, a series of global events focusing on in-cabin automotive technology. The inaugural event, InCabin Brussels, will occur on September 15, 2022, at the Autoworld Museum in Brussels, featuring industry leaders such as DTS, Volvo, and Bosch. The series aims to foster innovation in in-cabin technology and will include sessions on user safety, experience, and the future of in-cabin sensing technologies.
Xperi Holding Corporation (NASDAQ: XPER) has made significant strides in enhancing its presence in the European market. Following its acquisition of Vewd, Xperi combines TiVo OS with Vewd’s streaming solutions, positioning itself as a leading independent media platform. Notably, TiVo has signed a major agreement to launch voice search in Poland, facilitating a more intuitive user experience. This solution employs machine learning to streamline content discovery. Xperi’s offerings will be showcased at IBC 2022 in Amsterdam, highlighting its commitment to innovative entertainment solutions.
Xperi (NASDAQ: XPER) announced the launch of Vewd OpX for Android TV Operator Tier at IBC 2022. This cloud-managed solution integrates Pay-TV services with OTT content, now deployed by Evoca for its NEXTGEN TV service. Vewd OpX allows operators to deliver a unified user experience across various platforms. Evoca benefits from remote configuration and software updates through Xperi's tools, enhancing its service which includes ATSC 3.0 broadcast and broadband channels. The launch signifies growth in Xperi's product portfolio.
Xperi Holding Corporation (XPER) has announced the Spin-Off of its product business, Xperi Inc., from its IP licensing business, Adeia. Stockholders on record as of September 21, 2022, will receive four shares of Xperi Inc. Common Stock for every ten shares of XPER they hold, with the Spin-Off expected around October 1, 2022. Xperi Inc. will trade independently on the NYSE under the symbol XPER. Following the Spin-Off, Xperi Holding will be renamed Adeia Inc., trading under ADEA. The Spin-Off is subject to customary conditions, including SEC approval.
Xperi Holding Corporation (NASDAQ: XPER) has partnered with Vestel to launch the first TiVo OS-powered smart TVs in Europe, set to ship in 2023. TiVo OS aims to create a neutral media platform, enhancing user control and simplifying content discovery. The agreement is a multi-year, multi-million-unit deal, which positions Xperi to capture a significant share of the estimated 40% of the smart TV market seeking independent platforms. With the connected TV advertising market projected to grow from $16 billion to $36 billion by 2026, this partnership highlights a strategic move to leverage advertising opportunities for OEMs.
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