Xperi

From Wikipedia, the free encyclopedia
Not to be confused with Xperia, a smartphone brand owned by Sony.

Xperi Holding Corporation
FormerlyTessera Holding Corporation (1990–2017)
TypePublic
Nasdaq: XPER
S&P 600 Component
IndustryTechnology
Founded1990 (1990)
Headquarters
San Jose, California
,
United States
Area served
Worldwide
Key people
Dave Habiger
(Chairman)
Jon Kirchner
(CEO)
Brands
RevenueUS$892.0 million
(FY 2020)
US$198.4 million
(FY 2020)
US$146.7 million
(FY 2020)
Number of employees
1850 (February 26, 2021)
Websitewww.xperi.com

Xperi Holding Corporation (formerly Tessera Holding Corporation) is a San Jose-based firm that licenses technology and intellectual property in areas such as mobile computing, communications, memory and data storage, and three-dimensional integrated circuit (3D IC) technologies, among others. Markets include semiconductor packaging and interconnect solutions, mobile, computational imaging, audio and automotive. Tessera, a subsidiary of Xperi, has licensed its chip packaging technology to numerous semiconductor manufacturers, including Intel and Samsung Electronics.[1]

As the company has evolved, it expanded business through the formation of Invensas, an innovator in next-generation semiconductor and packaging technologies. The company continues to grow and expand through numerous acquisitions: FotoNation, which specializes in image and video enhancement and analysis; Ziptronix, which specializes in three-dimensional integrated circuit technologies; DTS, Inc., an audio technologies company; and assets acquisition from Pelican Imaging.

On December 19, 2019, Xperi and TiVo Corporation announced their intent to merge.[2] The surviving entity operates under the Xperi Holding Corporation name, and became one of the largest licensing companies in the world.[3][4] The merger was completed on June 1, 2020.[5] Xperi Corporation was reconfigured as a subsidiary of the combined company.

History[]

Tessera was founded in 1990 by former IBM research scientists.

Some company milestones are listed below:

  • 1994: Hitachi and Shinko Electric Industries Ltd. license Tessera technologies
  • 2005: Samsung licenses Tessera technologies
  • 2005: Acquired assets of Shellcase MVP[6]
  • 2006: Acquired DigitalOptics Corporation[7]
  • 2007 Acquired Eyesquad[8]
  • 2008: Acquired FotoNation[9]
  • 2009: Won International Trade Commission ruling against Motorola, Qualcomm, Freescale Semiconductor and Spansion in May[10]
  • 2011: Founded Invensas Corporation
  • November 2011: Samsung extends 2005 license agreement with Tessera[11]
  • 2013: Sold Micro-Optics business
  • 2013: Closed leased manufacturing facility in Zhuhai, China, and consolidated manufacturing capabilities in Taiwan [12]
  • 2014: Announced cessation of mems | cam manufacturing operations [13]
  • 2015 Acquired Ziptronix [14]
  • November 2016: Acquired assets from Pelican Imaging [15]
  • December 2016: Acquired DTS, Inc.[16]
  • May 2021: TiVo Corporation, wholly owned subsidiary of Xperi Holding Corporation, agrees to acquire MobiTV assets from Chapter 11 bankruptcy[17]

In February 2017, it changed its name from Tessera Holding Corporation to Xperi Corporation.[18]

References[]

  1. ^ Vance, Ashlee (August 16, 2009). "A Determined Outpost of Tiny Technology". The New York Times. Retrieved August 17, 2009.
  2. ^ "Goldman Sachs Near Deal to Settle 1MDB Inquiry". The New York Times. December 20, 2019.
  3. ^ Spangler, Todd (December 19, 2019). "TiVo to Merge With Entertainment-Tech Firm Xperi in $3 Billion Deal". Variety. Retrieved December 19, 2019.
  4. ^ Gartenberg, Chaim (December 19, 2019). "TiVo to merge with Xperi to create "one of the largest licensing companies in the world"". The Verge. Retrieved December 27, 2019.
  5. ^ "Xperi and TiVo Complete Merger". www.businesswire.com. June 1, 2020. Retrieved July 19, 2020.
  6. ^ "Tessera completes acquisition of Shellcase assets". EE Times. Retrieved December 28, 2005.
  7. ^ "Tessera Completes Acquisition of Digital Optics Corporation". BusinessWire. July 18, 2006.
  8. ^ "Tessera buys Eyesquad for $18M, adds camera products to miniaturization portfolio". VentureBeat. February 1, 2007. Retrieved February 17, 2021.
  9. ^ "Tessera Completes Acquisition of FotoNation". Bloomberg. Retrieved February 12, 2008.
  10. ^ "Tessera Shares Climb on Patent Ruling". WirelessWeek. Associated Press. May 22, 2009. Retrieved August 17, 2009.
  11. ^ "Samsung renews license agreement with Tessera". Reuters. November 16, 2011.
  12. ^ "Tessera Technologies Announces Strong Second Quarter 2014 Results". Bezinga. BusinessWire. Retrieved August 4, 2014.
  13. ^ "Tessera Technologies Will Cease All Remaining mems|cam Manufacturing Operations". BusinessWire. January 16, 2014.
  14. ^ "Tessera to Acquire Ziptronix, Inc. for $39 Million". BusinessWire. August 27, 2015.
  15. ^ "Tessera Technologies Acquires Technology Assets From Pelican Imaging Corporation". BusinessWire. November 1, 2016.
  16. ^ "Tessera Completes Acquisition of DTS". BusinessWire. December 4, 2016.
  17. ^ "TiVo Corporation Agrees to Acquire MobiTV Assets From Chapter 11 Bankruptcy". BusinessWire.
  18. ^ "Tessera Holding Corporation Announces Name Change to Xperi Corporation". BusinessWire. February 22, 2017.

External links[]


Stub icon

This United States manufacturing company–related article is a stub. You can help Wikipedia by .

  • v
  • t
Retrieved from ""