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Xperi Corporation

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Xperi Corporation
NameXperi Corporation
TypePublic
Traded asNASDAQ: XPER
IndustryTechnology
Founded2016
FounderTom Lacey
HeadquartersSan Jose, California
Key peopleJon Kirchner, Paul Davis

Xperi Corporation is a technology company that specializes in the development of semiconductor and software solutions for the consumer electronics industry, including Samsung Electronics, LG Electronics, and Sony Corporation. The company's products and services are used in a wide range of applications, including television sets, smartphones, and automotive systems, which are also used by Ford Motor Company, General Motors, and Toyota Motor Corporation. Xperi Corporation has partnerships with major companies such as Intel Corporation, Qualcomm Incorporated, and Texas Instruments Incorporated. The company's technology is also used in gaming consoles, such as those produced by Microsoft Corporation and Sony Interactive Entertainment.

History

Xperi Corporation was formed in 2016 through the merger of Tessera Technologies, Inc. and DTS, Inc., which was founded by Jon Kirchner and Terence Yen. The company's history dates back to the 1990s, when Tessera Technologies was founded by Tom Lacey and David R. Richardson. Over the years, the company has made several acquisitions, including the purchase of Phytrex Corporation and Invensas Corporation, which was previously owned by Micron Technology, Inc.. Xperi Corporation has also partnered with major companies such as Google LLC, Amazon.com, Inc., and Facebook, Inc. to develop new technologies, including artificial intelligence and Internet of Things solutions, which are also used by Cisco Systems, Inc. and IBM Corporation.

Products and Services

Xperi Corporation offers a wide range of products and services, including DTS:X audio technology, which is used in home theaters and cinemas, such as those owned by AMC Theatres and Regal Cinemas. The company also provides MHL (Mobile High-Definition Link) technology, which is used in smartphones and tablets, such as those produced by Apple Inc. and Samsung Electronics. Xperi Corporation's Invensas Corporation subsidiary provides semiconductor packaging and interconnect solutions, which are used by Taiwan Semiconductor Manufacturing Company and Samsung Electronics. The company's products and services are used in a wide range of applications, including automotive systems, gaming consoles, and virtual reality systems, which are also used by HTC Corporation and Oculus VR, LLC.

Technology

Xperi Corporation's technology is based on a wide range of patents and intellectual property rights, which are also used by Microsoft Corporation and Google LLC. The company's DTS:X audio technology uses object-based audio to create a more immersive listening experience, which is also used in Dolby Atmos and Sony 360 Reality Audio. Xperi Corporation's MHL technology uses high-definition video and audio to provide a high-quality viewing experience, which is also used in HDMI and DisplayPort. The company's Invensas Corporation subsidiary uses semiconductor packaging and interconnect technology to provide high-performance solutions, which are also used by Intel Corporation and Texas Instruments Incorporated.

Corporate Affairs

Xperi Corporation is headquartered in San Jose, California, and has offices in United States, China, Japan, and South Korea, which are also home to Samsung Electronics, LG Electronics, and Sony Corporation. The company is led by Jon Kirchner, who serves as the company's chief executive officer, and Paul Davis, who serves as the company's chief financial officer. Xperi Corporation has a diverse workforce, with employees from a wide range of backgrounds, including Stanford University, University of California, Berkeley, and Massachusetts Institute of Technology. The company is a member of several industry organizations, including the Consumer Technology Association and the Semiconductor Industry Association, which are also supported by Intel Corporation and IBM Corporation.

Financial Performance

Xperi Corporation is a publicly traded company, listed on the NASDAQ stock exchange under the ticker symbol XPER. The company's financial performance is driven by its licensing and royalty revenue, which is generated from the use of its patents and intellectual property rights by companies such as Samsung Electronics, LG Electronics, and Sony Corporation. Xperi Corporation has reported significant revenue growth in recent years, driven by the increasing demand for its products and services, which are also used by Apple Inc. and Google LLC. The company has also made significant investments in research and development, which are also supported by Microsoft Corporation and Amazon.com, Inc.. Xperi Corporation's financial performance is closely watched by investors and analysts, who follow the company's progress and provide stock market analysis, which is also provided by Bloomberg L.P. and Thomson Reuters. Category:Technology companies of the United States

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