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Formerly |
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Company type | Public |
Industry | Technology, Pay television, Consumer electronics |
Founded | 1990 |
Headquarters | , U.S. |
Area served | Worldwide |
Key people |
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Brands | |
Revenue | US$521 million (2023) |
US$−749 million (2022) | |
US$−757 million (2022) | |
Total assets | US$737 million (2022) |
Total equity | US$463 million (2022) |
Number of employees | c. 2,100 (2022) |
Website | xperi |
Footnotes /references [1] |
Xperi Inc. is an American multinational technology company headquartered in San Jose, California, that develops software for consumer electronics and connected cars, as well as media platforms for video service over broadband. The company is organized into four business units: Pay-TV, Consumer Electronics, Connected Car, and Media Platform. Xperi's brands include DTS, HD Radio, and TiVo.
Xperi Inc. was formerly part of Xperi Holding Corporation, [2] which was itself the result of significant M&A over many years, including publicly traded firms such as DTS, Inc. and TiVo Corporation.
Xperi Holding Corporation traces its roots to Tessera, Inc., which was founded in 1990 and renamed Tessera Technologies, Inc. prior to its initial public offering in 2003. [3] Tessera developed chip-scale packaging technologies that were broadly licensed in the semiconductor industry.
In 2008, Tessera acquired FotoNation, [4] which specialized in image enhancement and analysis, and in 2016 Tessera acquired DTS, Inc., an audio technologies company. DTS had previously acquired iBiquity Digital Corporation in 2015, [5] which developed the North American digital audio broadcast standard known as HD Radio.
At the completion of the acquisition of DTS in December 2016, Tessera Technologies, Inc. became Tessera Holding Corporation, [6] [7] and two months later began operating under the new corporate name Xperi Corporation. [8] [9]
On December 19, 2019, Xperi Corporation and TiVo Corporation announced their intent to merge. [10] [11] The merger was completed on June 1, 2020. [12] The combined entity operated under the name Xperi Holding Corporation, and became one of the largest intellectual property (IP) and product licensing companies in the world. [11] On October 1, 2022, the product business of Xperi Holding Corporation was separated from the IP licensing business and spun-off as a stand-alone public company named Xperi Inc., trading on the New York Stock Exchange under the ticker symbol XPER. [13] At the same time, the remaining IP licensing business changed its name to Adeia Inc. and began trading on the Nasdaq Stock Market under the ticker symbol ADEA. [14]
Products within Xperi's four business units are as follows:
Pay TV
Consumer Electronics
Connected Car
Media Platform
TiVo Corporation, formerly known as the Rovi Corporation and Macrovision Solutions Corporation, was an American technology company. Headquartered in San Jose, California, the company is primarily involved in licensing its intellectual property within the consumer electronics industry, including digital rights management, electronic program guide software, and metadata. The company holds over 6,000 pending and registered patents. The company also provides analytics and recommendation platforms for the video industry.
TiVo is a digital video recorder (DVR) developed and marketed by Xperi and introduced in 1999. TiVo provides an on-screen guide of scheduled broadcast programming television programs, whose features include "OnePass" schedules which record every new episode of a series, and "WishList" searches which allow the user to find and record shows that match their interests by title, actor, director, category, or keyword. TiVo also provides a range of features when the TiVo DVR is connected to a home network, including film and TV show downloads, advanced search, online scheduling, and at one time, personal photo viewing and local music playback.
A digital video recorder (DVR) is an electronic device that records video in a digital format to a disk drive, USB flash drive, SD memory card, SSD or other local or networked mass storage device. The term includes set-top boxes (STB) with direct to disk recording, portable media players and TV gateways with recording capability, and digital camcorders. Personal computers are often connected to video capture devices and used as DVRs; in such cases the application software used to record video is an integral part of the DVR. Many DVRs are classified as consumer electronic devices; such devices may alternatively be referred to as personal video recorders (PVRs), particularly in Canada. Similar small devices with built-in displays and SSD support may be used for professional film or video production, as these recorders often do not have the limitations that built-in recorders in cameras have, offering wider codec support, the removal of recording time limitations and higher bitrates.
Vonage Holdings Corp. is an American cloud communications provider operating as a subsidiary of Ericsson. Headquartered in Holmdel Township, New Jersey, the organization was founded in 1998 as Min-X as a provider of residential telecommunications services based on voice over Internet Protocol (VoIP). In 2001, the organization changed its name to Vonage.
Dolby Laboratories, Inc. is a British-American technology corporation specializing in audio noise reduction, audio encoding/compression, spatial audio, and HDR imaging. Dolby licenses its technologies to consumer electronics manufacturers.
DTS, Inc. is an American company. DTS company makes multichannel audio technologies for film and video. Based in Calabasas, California, the company introduced its DTS technology in 1993 as a competitor to Dolby Laboratories, incorporating DTS in the film Jurassic Park (1993). The DTS product is used in surround sound formats for both commercial/theatrical and consumer-grade applications. It was known as The Digital Experience until 1995. DTS licenses its technologies to consumer electronics manufacturers.
The Technology and Engineering Emmy Awards, or Technology and Engineering Emmys, are one of two sets of Emmy Awards that are presented for outstanding achievement in engineering development in the television industry. The Technology and Engineering Emmy Awards are presented by the National Academy of Television Arts and Sciences (NATAS), while the separate Primetime Engineering Emmy Awards are given by its sister organization the Academy of Television Arts & Sciences (ATAS).
RhythmOne plc, previously known as Blinkx, and also known as RhythmOne Group, is an American digital advertising technology company that owns and operates the web properties AllMusic, AllMovie, and SideReel.
Intertrust Technologies Corporation is a software technology company specializing in trusted distributed computing. Intertrust’s product lines consist of a DataOps platform, Application protection and Content protection solutions. Much of Intertrust's digital rights management (DRM) business is based on the Marlin DRM technology, which Intertrust founded along with four consumer electronics companies: Sony, Panasonic, Philips, and Samsung.
Harman International Industries, Inc., commonly known as Harman, is an American audio electronics company. Since 2017, the company has been operating as an independent subsidiary of Samsung Electronics.
Poly Inc., formerly Polycom, is an American multinational corporation that develops video, voice and content collaboration and communication technology. Poly is a subsidiary of HP Inc.
Gracenote, Inc. is a company and service that provides music, video, and sports metadata and automatic content recognition (ACR) technologies to entertainment services and companies worldwide. Formerly CDDB, Gracenote maintains and licenses an Internet-accessible database containing information about the contents of audio compact discs and vinyl records. From 2008 to 2014, it was owned by Sony, later sold to Tribune Media, and has been owned since 2017 by Nielsen Holdings. In 2019, Nielsen Holdings announced plans to split into two separate publicly traded companies, Nielsen Global Connect and Nielsen Global Media. In October 2022, Nielsen Holdings completed the sale of Global Media, including the Gracenote subsidiary, to a private equity consortium.
DirecTV, LLC is an American multichannel video programming distributor based in El Segundo, California. Originally launched on June 17, 1994, its primary service is a digital satellite service serving the United States. It also provides traditional linear television service delivered by IP through its U-verse TV brand and a virtual multichannel video programming distributor service through its DirecTV Stream brand. Its primary competitors are Dish Network, traditional cable television providers, IP-based television services, and other over-the-top video services.
TiVo Inc. was an American corporation with its primary product being its eponymous digital video recorder. While primarily operating in the United States, TiVO also operated in Australia, Canada, Mexico, New Zealand, Puerto Rico, Taiwan, the United Kingdom, and Western Europe. On September 8, 2016, TiVo Inc. was acquired by Rovi Corporation. The new entity became known as TiVo Corporation, which in turn, merged with Xperi in December 2019.
AllVid was a proposal to develop technology enabling smart broadband-connected video devices to access the content on the managed networks of cable operators, telcos, and satellite-TV operators. It was initially proposed in the U.S. Federal Communications Commission's (FCC) National Broadband Plan in 2010. The AllVid hardware would act as a universal adapter for all types of pay TV content such as video-on-demand and pay-per-view, as well as interactive programming guides, delivered through a wide variety of means, including cable TV, satellite TV, VDSL, IPTV, and Internet TV.
DigitalOptics Corporation (DOC) is a San Jose, California-based technology company that designs and manufactures imaging systems for smartphones. DOC’s capabilities include optical design, camera module design and manufacturing, MEMS manufacturing, and image processing algorithms.
Steve Teig is an American business leader, currently serving as the Chief Executive Officer of Perceive.
American Broadcasting Cos., Inc. v. Aereo, Inc, 573 U.S. 431 (2014), was a United States Supreme Court case. The Court ruled that the service provided by Aereo, which allowed subscribers to view live and time-shifted streams of over-the-air television on Internet-connected devices, violated copyright laws.
HDR10+ is a high dynamic range (HDR) video technology that adds dynamic metadata to HDR10 source files. The dynamic metadata are used to adjust and optimize each frame of the HDR video to the consumer display's capabilities in a way based on the content creator's intentions.
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