Article · Wikipedia archive · Last revised Jun 5, 2026

Xperi

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.

Last revised
Jun 5, 2026
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≈ 6 min
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Wikipedia ↗
Xperi Inc.
Formerly
  • Tessera Holding Corporation (1990–2017)
  • Xperi Holding Corporation (2017–2022)
Company type
Public
IndustryTechnology, Pay television, Consumer electronics
Founded1990 (1990)
Headquarters
San Jose, California
,
U.S.
Area served
Worldwide
Key people
Brands
RevenueIncrease US$521 million (2023)
Decrease US$−749 million (2022)
Decrease US$−757 million (2022)
Total assetsDecrease US$737 million (2022)
Total equityDecrease US$463 million (2022)
Number of employees
c. 2,100 (2022)
Websitexperi.com
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 several mergers and acquisitions over many years, including publicly traded firms such as DTS, Inc. and TiVo Corporation.

History

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 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 HD Radio.

After acquiring DTS in December 2016, Tessera Technologies, Inc. became Tessera Holding Corporation,67 and two months later began operating under the new corporate name Xperi Corporation.89

On December 19, 2019, Xperi Corporation and TiVo Corporation announced their intent to merge.1011 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 standalone public company named Xperi Inc., trading on the New York Stock Exchange under the ticker symbol XPER.13  At the same time, Xperi Corporation, consisting of 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

In May 2021, TiVo Corporation, a wholly owned subsidiary of Xperi Holding Corporation, agreed to acquire MobiTV assets from Chapter 11 bankruptcy.15 In July 2022, Xperi Holding Corporation acquired Vewd Software.16

Products

Xperi's products are organized across four business units: Pay TV, Consumer Electronics, Connected Car, and Media Platform.

Pay TV

The Pay TV business unit includes Classic Guides, which provides interactive programming guides for linear TV through set-top boxes, and Personalized Content Discovery (PCD),17 a content discovery platform that provides metadata, search, and recommendations technology for content across linear TV, subscription, and internet-delivered programming. The unit also offers an IPTV platform delivering streaming video services and interactive programming guides across IP networks, available as either a fully managed service or a software download to set-top box, mobile, or web devices.18 Consumer Hardware and Subscriptions encompasses TiVo DVR hardware and subscriptions, while TiVo+ is a free ad-supported streaming service offering more than 150 channels of TV and video on demand content.19

Consumer Electronics

The Consumer Electronics business unit is centered on audio technologies developed under the DTS brand. DTS:X is a high-definition audio codec supporting the creation, distribution, and playback of immersive audio for cinema and consumer electronics including TVs, soundbars, AV equipment, laptops, tablets, and other mobile devices.20 DTS Headphone:X is a spatial audio technology that renders immersive audio from movies, music, and gaming on headphones.21 IMAX Enhanced is a partnership between IMAX Corporation and DTS that brings immersive cinema technology to consumer electronics, laptops, desktops, and certain portable devices.22 DTS Play-Fi is a whole-home wireless audio technology for consumer electronic devices.23

Connected Car

The Connected Car business unit includes HD Radio, the broadcast standard for North American digital radio across the FM and AM bands, and DTS AutoStage, an in-cabin entertainment platform that combines broadcast radio, music, video, and gaming delivered across IP networks to automobiles.24

Media Platform

The Media Platform business unit is anchored by the TiVo Operating System (TiVo OS), a smart TV operating system that aggregates content across SVOD, AVOD, and FAST channels using personalized content discovery and voice navigation.25 The unit also encompasses advertising monetization, which generates revenue from in-guide ad units and ad-supported content across platforms including Classic Guides, TiVo OS, TiVo+, and PCD, as well as a metadata service providing data about music and video content, including The Movie Database (TMDB) through Rovi.262728

References

References

  1. "Xperi Inc. 2022 Annual Report (Form 10-K)". SEC.gov. U.S. Securities and Exchange Commission. March 6, 2023.
  2. "Inline XBRL Viewer". sec.gov. Retrieved August 25, 2023.
  3. "Form S-1". sec.gov. Retrieved August 25, 2023.
  4. "Tessera Completes Acquisition of FotoNation". Bloomberg News. April 2, 2015. Archived from the original on April 2, 2015. Retrieved August 25, 2023.
  5. "DTS Acquires iBiquity Digital | Mergr M&A Deal Summary". mergr.com. Retrieved August 25, 2023.
  6. "8-K". sec.gov. Retrieved August 25, 2023.
  7. "Tessera Completes Acquisition of DTS". businesswire.com. December 1, 2016. Retrieved August 25, 2023.
  8. "Form 8-K". sec.gov. Retrieved August 25, 2023.
  9. "Tessera Holding Corporation Announces Name Change to Xperi Corporation". businesswire.com. February 22, 2017. Retrieved August 25, 2023.
  10. Spangler, Todd (December 19, 2019). "TiVo to Merge With Entertainment-Tech Firm Xperi in $3 Billion Deal". Variety. Retrieved August 25, 2023.
  11. Gartenberg, Chaim (December 19, 2019). "TiVo to merge with Xperi to create 'one of the largest licensing companies in the world'". The Verge. Retrieved August 25, 2023.
  12. "Xperi and TiVo Complete Merger". businesswire.com. June 1, 2020. Retrieved August 25, 2023.
  13. "Xperi Inc. Completes its Spin-Off to Become an Independent Public Company". Yahoo Finance. October 10, 2022. Retrieved August 25, 2023.
  14. "On October 3, Xperi Inc. to Ring NYSE Opening Bell; Adeia Inc. to Ring Nasdaq Closing Bell – IPO Edge". Retrieved August 25, 2023.
  15. "TiVo Corporation Agrees to Acquire MobiTV Assets From Chapter 11 Bankruptcy". businesswire.com. May 12, 2021. Retrieved August 25, 2023.
  16. "Xperi Acquires Vewd Software". businesswire.com. July 5, 2022. Retrieved August 25, 2023.
  17. "Foxtel Selects TiVo's Personalized Content Discovery, Conversation Service to Power Voice Search". businesswire.com. October 22, 2020. Retrieved October 2, 2023.
  18. "TiVo's IPTV platform expands into EMEA". Broadband TV News. August 25, 2023. Retrieved October 2, 2023.
  19. Perez, Sarah (October 15, 2019). "TiVo's ad-supported streaming service, TiVo Plus, launches today". TechCrunch. Retrieved October 2, 2023.
  20. Joe Cox (July 15, 2021). "DTS:X: what is it? How can you get it?". What Hi-Fi? Sound and Vision. Retrieved October 2, 2023.
  21. Schiffer, Alex (January 2, 2023). "What Is DTS Headphones X And How Do I Use It? - Major HiFi". majorhifi.com. Retrieved October 2, 2023.
  22. "What is IMAX Enhanced? What you need to know about the home cinema format". Trusted Reviews. April 20, 2022. Retrieved October 2, 2023.
  23. Roberts, Becky; published, Adam Smith (February 2, 2021). "DTS Play-Fi: what is it? What speakers and devices support it?". What Hi-Fi? Sound and Vision. Retrieved October 2, 2023.
  24. Sakurai, Jason R. (February 9, 2021). "Xperi's DTS AutoStage is the Next Big Thing in Infotainment". thetruthaboutcars.com. Retrieved October 2, 2023.
  25. Peters, Jay (October 22, 2022). "TiVo is making its case as a smart TV platform". The Verge. Retrieved October 2, 2023.
  26. Krzaczek, Katie (March 7, 2018). "TiVo Music Metadata to Provide Select Artist Photos on Google's Music Services". Billboard. Retrieved October 2, 2023.
  27. Munson, Ben (November 4, 2020). "TiVo's Deep Discovery tool gets moody with metadata". StreamTV Insider. Retrieved October 2, 2023.
  28. Schonfeld, Erick (December 16, 2010). "Fanhattan Promises Better Internet TV Through The Power Of Data (TCTV)". TechCrunch. Retrieved January 4, 2024.
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