- CEO
- Geir R. Skaaden
- Full Time Employees
- 1,620
- Sector
- Technology
- Industry
- Semiconductors
- Address
- 3025 Orchard Parkway San Jose CA United States of America 95134
- IPO Date
- Sep 20, 2022
- Business
- Xperi Inc. (NYSE: XPER) operates as a consumer and entertainment technology company that invents, develops, and delivers software and technologies integrated into smart devices, connected cars, and media platforms worldwide; the company is headquartered in San Jose, California, with origins tracing to 1990 through predecessor entities such as DTS, Inc. and a corporate structure formed via mergers including the 2020 combination with TiVo Corporation and the 2022 spin-off of its product business from Xperi Holding Corporation, now known as Adeia Inc. Xperi organizes operations across four primary business units—Pay TV, Consumer Electronics, Connected Car, and Media Platform—serving consumer electronics manufacturers, automotive companies, Pay-TV operators, and media providers in regions including North America, Europe, Asia, Japan, China, South Korea, Latin America, and the Middle East. In Pay TV, the company provides Classic Guides for interactive programming on set-top boxes; Personalized Content Discovery for metadata, search, and recommendations across linear TV, subscription, and internet programming; IPTV streaming services with guides via managed services or downloads; TiVo DVR hardware and subscriptions; and TiVo+, a free ad-supported service with over 150 channels and video-on-demand content. Consumer Electronics offerings encompass DTS:X immersive audio codec for TVs, soundbars, AV equipment, laptops, tablets, and mobile devices; DTS Headphone:X spatial audio for headphones; IMAX Enhanced for cinema-like visuals and sound on consumer electronics and portables; and DTS Play-Fi for whole-home wireless audio. Connected Car solutions feature HD Radio, the digital terrestrial broadcast standard, and DTS AutoStage, an IP-based infotainment platform for broadcast radio, music, video, and gaming in vehicles. The Media Platform includes TiVo OS, an unbiased smart TV operating system aggregating SVOD, AVOD, and FAST channels with personalized discovery and voice navigation; monetization through in-guide ads and ad-supported content; and metadata services like The Movie Database via Rovi. Xperi's brands—DTS, HD Radio, IMAX Enhanced, and TiVo—power over 1 billion devices globally, supported by more than 2,200 patents and 1,800 employees focused on immersive audio, imaging, video discovery, and connectivity. Recent developments include the 2024 sale of its Perceive AI chip subsidiary to Amazon for $80 million to refocus on core media technologies; expansion of TiVo Broadband partnerships to ten operators with over 200 new FAST channels emphasizing local news; a strategic collaboration with IMAX and Sony Pictures Entertainment to add hundreds of IMAX Enhanced titles with DTS:X sound via AVOD on Hisense and Toshiba TVs in the UK and Germany starting early 2026; and Q2 2024 financials showing 41% Connected Car revenue growth and nearly tripled adjusted EBITDA amid declines in other segments.