Xperi facts for kids
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Formerly
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| Public | |
| Traded as |
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| Industry | Technology, Pay television, Consumer electronics |
| Founded | 1990 |
| Headquarters |
,
U.S.
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Area served
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Worldwide |
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Key people
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| Brands | |
| Revenue |  US$521 million (2023) |
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Operating income
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 US$−749 million (2022) |
| US$−757 million (2022) |
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| Total assets | US$737 million (2022) |
| Total equity | US$463 million (2022) |
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Number of employees
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c. 2,100 (2022) |
Xperi Inc. is an American technology company. It is based in San Jose, California. Xperi creates software for many devices. This includes things like your TV, car, and other electronics. They also make systems for watching videos online.
Xperi Inc. has several well-known brands. These include DTS for amazing sound, HD Radio for digital radio, and TiVo for recording TV shows.
Contents
How Xperi Started
Xperi Inc. has a long history. It began as a company called Tessera, Inc. in 1990. Tessera first focused on making tiny parts for computer chips.
Over the years, Tessera grew by joining with other companies.
- In 2008, they welcomed FotoNation. This company was good at making pictures look better.
- In 2016, Tessera joined with DTS, Inc.. DTS is famous for its audio technology. Before this, DTS had bought iBiquity Digital. This company created HD Radio, a way to listen to digital radio in North America.
After joining with DTS, Tessera Technologies, Inc. changed its name. In December 2016, it became Tessera Holding Corporation. A few months later, in February 2017, it started using the name Xperi Corporation.
In 2020, Xperi Corporation and TiVo Corporation merged. This created a bigger company called Xperi Holding Corporation. This new company became a leader in technology and product licensing. Then, in October 2022, Xperi Holding Corporation split into two separate companies. One part became Xperi Inc., which focuses on products. The other part became Adeia Inc., which handles patents and licenses.
Key Moments in Xperi's History
- September 2003: Tessera Technologies, Inc. became Tessera Holding Corporation.
- February 2008: The company joined with FotoNation.
- December 2016: DTS, Inc. became part of the company.
- February 2017: Tessera Holding Corporation changed its name to Xperi Corporation.
- June 2020: Xperi Corporation and TiVo Corporation merged. They formed Xperi Holding Corporation.
- October 2022: Xperi Holding Corporation split. The product part became Xperi Inc. The patent part became Adeia Inc.
What Xperi Makes
Xperi creates many different products. These products are grouped into four main areas: Pay TV, Consumer Electronics, Connected Car, and Media Platform.
Pay TV Products
These products help you watch TV and find shows.
- Classic Guides: These are the TV guides you see on your screen. They help you find out what's on TV.
- Personalized Content Discovery (PCD): This helps you find new shows and movies. It suggests things you might like. It works across regular TV and online streaming.
- IPTV: This lets you stream videos over the internet. You can watch on your TV, phone, or computer.
- TiVo DVRs: These are devices that record your favorite TV shows. You can watch them whenever you want.
- TiVo+: This is a free streaming service. It offers many channels and movies on demand.
Consumer Electronics Products
These products make your devices sound and look better.
- DTS:X: This is a special sound technology. It makes movies, music, and games sound like they are all around you. You can find it in TVs, soundbars, and laptops.
- DTS Headphone:X: This technology makes immersive sound for headphones. It's great for movies, music, and gaming.
- IMAX Enhanced: This is a partnership with IMAX Corporation. It brings the amazing picture and sound of IMAX movies to your home devices.
- DTS Play-Fi: This lets you play music wirelessly. You can send music to speakers all over your home.
Connected Car Products
These products bring entertainment to your car.
- HD Radio: This is the standard for digital radio in North America. It gives you clear sound and more stations.
- DTS AutoStage: This is an entertainment system for cars. It combines radio, music, videos, and games. Everything comes to your car through the internet.
Media Platform Products
These products power smart TVs and help with content.
- TiVo Operating System (TiVo OS): This is the software that runs smart TVs. It helps you find shows from different streaming services. You can also use your voice to search.
- Monetization: This involves earning money from ads. You might see these ads in TV guides or on free streaming channels.
- Metadata: This is a huge database of information. It has details about music and video content. This includes information from The Movie Database (TMDB).
