The merger agreement between Tessera Technologies and DTS, Inc. was announced on September 20, 2016 and closed on December 1, 2016. Tessera acquired DTS for $42.50/share valued at approximately $850 million.
To create a global innovator in semiconductor interconnect technologies, premium audio and advanced imaging solutions.
There was no impact to owners of Tessera shares.
DTS stockholders were entitled to receive $42.50 per share in cash at the time of the merger agreement closing.
The company's stock is currently traded on the Nasdaq Global Select Market under the symbol XPER.
Xperi's common stock can be purchased through any registered broker.
Xperi (formerly Tessera Technologies, Inc.) went public in November 2003. At the initial public offering, the price per share was $13.00
Computershare Trust Company, Inc. 350 Indiana Street Golden, CO 80401 Phone (303) 262-0600
Contact the transfer agent, Computershare Trust Company, Inc., at (303) 262-0600
The CUSIP number is 98421B 100
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
Latham & Watkins LLP