Audio fingerprinting technology to be integrated into Xperi's DTS
Connected Radio platform for vehicles around the world
CALABASAS, Calif.--(BUSINESS WIRE)--
Xperi
Corporation (Nasdaq: XPER) ("Xperi"), a global leader in innovative
technology solutions that enable extraordinary experiences for people
around the world and ACRCloud,
a Beijing-based audio fingerprinting service provider, have announced a
partnership to integrate ACRCloud music recognition technology into the
DTS Connected Radio platform. Through this partnership, DTS,
a wholly owned subsidiary of Xperi, will use ACRCloud's technology to
identify the music playing on radio stations in vehicles around the
world.
The DTS Connected Radio platform combines both over-the-air
analog/digital AM/FM radio content with IP-delivered content, creating
an innovative AM/FM experience in vehicles. DTS Connected Radio receives
metadata, such as artist and song title, directly from local radio
broadcasters which is then paired with IP-delivered content, creating an
engaging in-vehicle broadcast radio experience. ACRCloud's technology
will further enhance this global system by detecting and delivering
additional music metadata into vehicles for a more user-friendly content
into vehicles.
"We are thrilled to integrate ACRCloud's music recognition service into
DTS Connected Radio as another feature option for automotive OEMs to
ensure that the best broadcast radio experience is occurring in the
vehicle," said Jeff Jury, general manager, automotive, Xperi. "The
addition of ACRCloud to the DTS Connected Radio platform is another
facet of our broad solution, creating a unique global radio solution for
both consumers and car companies."
"We are excited to partner with Xperi to enrich the experience of
vehicle radio listening with our technology," said Tony Li, co-founder
of ACRCloud. "The DTS hybrid radio projects are the future of radio
consumption in cars and we're proud to be a part of their evolving
ecosystem of solutions."
About Xperi Corporation
Xperi Corporation (Nasdaq: XPER) and its brands, DTS, FotoNation, HD
Radio, Invensas and Tessera, are dedicated to creating innovative
technology solutions that enable extraordinary experiences for people
around the world. Xperi's solutions are licensed by hundreds of leading
global partners and have shipped in billions of products in areas
including premium audio, automotive, broadcast, computational imaging,
computer vision, mobile computing and communications, memory, data
storage, and 3D semiconductor interconnect and packaging. For more
information, please call 408-321-6000 or visit www.xperi.com.
About ACRCloud
ACRCloud is a Beijing based comprehensive automatic content recognition
provider has indexed over 40m tracks in its music fingerprinting
database, and for 2015 & 2016 was ranked #1 in audio fingerprinting
technology by the prestigious Music Information Retrieval Evaluation
eXchange (MIREX). ACRCloud serves the clients such as Alibaba, Cartoon
Network, PURE, Xiaomi and Musixmatch, etc.
DTS, Xperi and their respective logos are trademarks or registered
trademarks of affiliated companies of Xperi Corporation in the United
States and other countries. All other company, brand and product names
may be trademarks or registered trademarks of their respective companies.
Safe Harbor Statement
This press release contains forward-looking statements, which are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve risks
and uncertainties that could cause actual results to differ
significantly from those projected, particularly with respect to the
integration of ACRCloud music recognition technology into the DTS
Connected Radio platform. Material factors that may cause results to
differ from the statements made include the plans or operations relating
to the businesses of Xperi Corporation (the "Company"); market or
industry conditions; changes in patent laws, regulation or enforcement,
or other factors that might affect the Company's ability to protect or
realize the value of its intellectual property; the expiration of
license agreements and the cessation of related royalty income; the
failure, inability or refusal of licensees to pay royalties; initiation,
delays, setbacks or losses relating to the Company's intellectual
property or intellectual property litigations, or invalidation or
limitation of key patents; fluctuations in operating results due to the
timing of new license agreements and royalties, or due to legal costs;
the risk of a decline in demand for semiconductors and products
utilizing our audio and imaging technologies; failure by the industry to
use technologies covered by the Company's patents; the expiration of the
Company's patents; the Company's ability to successfully complete and
integrate acquisitions of businesses; the risk of loss of, or decreases
in production orders from, customers of acquired businesses; financial
and regulatory risks associated with the international nature of the
Company's businesses; failure of the Company's products to achieve
technological feasibility or profitability; failure to successfully
commercialize the Company's products; changes in demand for the products
of the Company's customers; limited opportunities to license
technologies due to high concentration in applicable markets for such
technologies; the impact of competing technologies on the demand for the
Company's technologies; pricing trends, including the Company's ability
to achieve economies of scale; and other developments in the markets in
which the Company operates, as well as management's response to any of
the aforementioned factors. You are cautioned not to place undue
reliance on the forward-looking statements, which speak only as of the
date of this release.
The foregoing review of important factors should not be construed as
exhaustive and should be read in conjunction with the other cautionary
statements that are included herein and elsewhere, including the Risk
Factors included in the Company's recent reports on Form 10-K and Form
10-Q and other documents of the Company on file with the Securities and
Exchange Commission (the "SEC"). The Company's SEC filings are available
publicly on the SEC's website at www.sec.gov.
Any forward-looking statements made or incorporated by reference herein
are qualified in their entirety by these cautionary statements, and
there can be no assurance that the actual results or developments
anticipated by the Company will be realized or, even if substantially
realized, that they will have the expected consequences to, or effects
on, the Company or its business or operations. Except to the extent
required by applicable law, the Company undertakes no obligation to
update publicly or revise any forward-looking statement, whether as a
result of new information, future developments or otherwise.
XPER-D
View source version on businesswire.com: http://www.businesswire.com/news/home/20180123005035/en/
PR Agency Contact
The Brand Amp
Nicole Fait, +1
949-438-1104
nicolef@thebrandamp.com
or
Xperi
PR Contact
Jordan Miller, +1 818-436-1082
jordan.miller@xperi.com
or
Xperi
Relations Contact
Geri Weinfeld, +1 818-436-1231
geri.weinfeld@xperi.com
Source: Xperi Corporation
News Provided by Acquire Media