TiVo merges with Xperi
By MYBRANDBOOK
TiVo has announced that it has merged with entertainment tech company Xperi to create a new US$3 billion entity. The deal will effectively scrap TiVo’s earlier announced move to split its product and licencing divisions into two separate companies.
The merged company will adopt the Xperi name, but continue to sell products under the TiVo branding while Xperi’s DTS, HD Radio and IMAX Enhanced brands will also remain intact.
While the company will be known as Xperi, TiVo shareholders will be in the majority at 53.5% with Xperi shareholders owning 46.5% of the new business.
Between them, Xperi and TiVo own more than 10,000 patents and applications, with a press release saying that there is “minimal overlap” and that it will create “one of the largest licensing companies in the world.”
Following the completion of the transaction – expected to be in the first half of 2020 – Kirchner will serve as the CEO while Shull will take up the role of strategic advisor. Xperi CFO Robert Andersen will assume the role of the new company. The company will appoint three by each company having the board seven directors.
BREAKING NEWS
TECHNO TRENDS
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
The latest version of X helps prevent deepfakes on social medi
To combat deepfakes and shallowfakes, Elon Musk revealed a new update t...
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
E-Magazine
TECHNOTAINMENT
Airtel Xstream Play strengthens regional content library, part
Bharti Airtel (“Airtel”), one of India’s leading telecommunications
ED attaches Raj Kundra, Shilpa Shetty’s Rs 97 crore worth as
The Enforcement Directorate (ED) has seized businessman Raj Kundra's pro
MOVERS & SHAKERS
Clover Infotech appointed Subham Banerjee as CDO
Clover Infotech has announced the appointment of Subham Banerjee as its Ch
Saviynt ropes in Sanjeevi Kumar as new Sales Director in India
The cloud-native identity and governance platform solutions provider Saviy
OPEN YOUR EYES
INTERVIEWS
A few changes in policies can make the PLI scheme even more ef
The Production Linked Incentive (PLI) scheme is a government initiative tha
Fire-Boltt innovates and introduces newer categories to make i
One of the biggest strengths and focus area of Fire-Boltt is innovation. Wi
HOT PICK
COLORFUL rolls out an array of gaming laptops
COLORFUL launched its incredible series of COLORFUL EVOL P15 gaming laptop
Dell Technologies launches new AI-powered commercial PC portfo
Dell Technologies has launched the broadest portfolio of commercial AI lap
MAKE IN INDIA BRANDS
MICROTEK INTERNATIONAL PVT. LTD.
SECUREYE SERVICES PVT. LTD.
LAVA INTERNATIONAL LTD.
POLYCAB INDIA PVT. LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Technology Icons Of India 2023: C P Gurnani
CP Gurnani (popularly known as ‘CP’ within his peer group), is the...
Technology Icons Of India 2023: Dilip Asbe
Dilip Asbe is the MD & CEO of National Payments Corporation of India (...
Technology Icons Of India 2023: Girish Mathrubootham
Girsh Mathrubootham envisioned and co-founded Freshworks. Freshworks, ...
PARTNER SPEAKERS
PSU
CSCs enabling rural India digitally empowered
Common service centres (CSCs) are digital access points under the Digi...
GeM maintains transparency in online procurement of goods & services
Created in a record time of five months, Government eMarketplace is a ...
Aadhaar: Architecting the World's Largest Biometric Identity System
The Unique Identification Authority of India (UIDAI) is a statutory au...
VIDEOS
Top 25 Brands
Value-Added Distribution
NETPOLEON SOLUTIONS
Netpoleon Group is a Value-Added Distributor (VAD) of Network Security...
RAH INFOTECH
RAH Infotech is India’s fastest growing technology value added dist...
TEXONIC INSTRUMENTS
Texonic has carved a niche for itself in the Technology Distribution i...
ITFORUM 2024
WIITF 2024
CMO of the Year
WOMEN LEADERSHIP
EMINENT CIO's OF INDIA
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
