The merger agreement between Xperi Corporation and TiVo Corporation was announced on December 19, 2019 and closed on June 1, 2020.
The strategic rationale for the merger is to create a unique digital entertainment technology platform with increased scale and reach, as well as one of the industry’s largest and most diverse intellectual property (IP) licensing platforms. The scale achieved through the combined company will enable the combined company to invent, develop, and deliver technologies that enable extraordinary experiences.
Under the terms of the merger agreement, shares of TiVo and Xperi stockholders have been converted into shares of the combined company on a fixed exchange ratio of 0.455 Xperi share per existing TiVo share.
The company's stock is currently traded on the Nasdaq Global Select Market and will retain the ticker XPER.
Xperi's common stock can be purchased through any registered broker.
Xperi (the successor to Tessera Technologies, Inc.) went public in November 2003.
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The CUSIP number is 98390M 103.
Each quarter the company issues a Form 10-Q with the SEC and distributes a press release that summarizes the quarterly earnings and financial performance.
Xperi's applicable Annual Reports, Form 10-Ks, Form 10-Qs and other SEC reports are available for viewing on this Web site. In addition, investors can find SEC filings at www.sec.gov.
Xperi's fiscal year-end is December 31.
A link to the executive management and Board of Directors profiles can be found on this website.
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The company's corporate office is located at: Xperi Corporation 3025 Orchard Parkway San Jose, CA 95134 P: 408-321-6000
Please contact: Geri Weinfeld IR@xperi.com
PricewaterhouseCoopers, LLP