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Rovi Files New Patent Infringement Action Against Videotron in Canada

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Xperi Holding Corporation (NASDAQ: XPER) announced that its subsidiary, Rovi Guides, has filed a new patent infringement lawsuit against Videotron in the Federal Court of Canada. This lawsuit adds to existing litigation regarding Videotron's legacy platform. Rovi claims infringement of four patents related to advanced DVR capabilities and video programming. Despite the ongoing litigation, Xperi has successfully renewed its patent license with another leading Canadian provider and has grown its Canadian patent portfolio by over 60% in the last year, reinforcing its strong intellectual property position.

Positive
  • Successful renewal and extension of a patent license agreement with a leading Canadian Pay-TV operator.
  • Over 60% growth in Xperi's Canadian patent portfolio over the past year, enhancing its intellectual property strength.
Negative
  • Ongoing litigation against Videotron indicates unresolved disputes that could hinder potential revenue streams.
  • Unsuccessful commercial negotiations with Videotron suggest challenges in achieving amicable agreements.

Rovi Guides, Inc. (“Rovi”), a wholly owned subsidiary of Xperi Holding Corporation (NASDAQ: XPER) (“Xperi”), has filed a new patent infringement action against Videotron, Ltd. in the Federal Court of Canada. The new action includes four of Rovi’s patents relating to advanced DVR functionality, delivering video programming in multiple formats, and switching between broadcast and streaming programs.

This new matter adds to Rovi’s existing litigation against Videotron, which is pending a decision from the Federal Court of Canada. That litigation was filed before Videotron launched its next-generation Helix platform and alleges infringement of different patents by Videotron’s legacy platform.

“We have successfully licensed the other leading operators that use the very same technology that powers Videotron’s Helix platform and remain committed to finding a mutually acceptable resolution,” said Samir Armaly, president, IP licensing of Xperi. “While we remain very confident in our ability to achieve a positive outcome, when commercial negotiations prove unsuccessful, as they have to date with Videotron, litigation becomes necessary to protect our valuable intellectual property.”

While litigation continues against certain Canadian operators, Xperi continues to advance its licensing business in Canada. Xperi successfully renewed and extended its patent license agreement with one of the leading Canadian Pay-TV operators this year. Further, Xperi continues to invest in ongoing innovation, which has resulted in Xperi’s Canadian patent portfolio growing by over 60% during the past year. These patents are part of Xperi’s industry-leading patent portfolio of more than 11,000 patents and applications worldwide.

About Xperi Holding Corporation

Xperi invents, develops, and delivers technologies that enable extraordinary experiences. Xperi technologies, delivered via its brands (DTS, HD Radio, IMAX Enhanced, Invensas, TiVo), and by its startup, Perceive, make entertainment more entertaining, and smart devices smarter. Xperi technologies are integrated into billions of consumer devices, media platforms, and semiconductors worldwide, driving increased value for partners, customers and consumers.

Xperi, DTS, IMAX Enhanced, Invensas, HD Radio, Perceive, TiVo and their respective logos are trademarks or registered trademarks of affiliated companies of Xperi Holding Corporation in the United States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.

Source: Xperi Holding Corporation

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FAQ

What is the recent legal action taken by Xperi (XPER) against Videotron?

Xperi's subsidiary, Rovi Guides, has filed a new patent infringement lawsuit against Videotron in Canada, alleging infringement of four patents related to DVR technology.

What is the status of Xperi's litigation with Videotron?

Xperi has an existing case pending a decision in the Federal Court regarding Videotron's legacy platform, alongside the new lawsuit.

How has Xperi's patent portfolio changed recently?

Xperi's Canadian patent portfolio has grown by over 60% in the past year, reflecting ongoing investment in innovation.

What does Xperi hope to achieve through its litigation against Videotron?

Xperi aims to protect its intellectual property rights and find a mutually acceptable resolution after unsuccessful negotiations.

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