Xperi

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Xperi Corporation
Public
Traded asNASDAQXPER
S&P 600 Component
IndustrySemiconductor packaging
Founded1990 (1990)
Headquarters,
United States
Area served
Worldwide
Key people
Richard Hill
(Chairman)
Jon Kirchner
(CEO)
RevenueUS$273.3 million
(FY 2015)
US$162.2 million
(FY 2015)
US$117 million
Number of employees
700+ (November 20, 2017)
SubsidiariesDTS, Inc.
Websitewww.xperi.com

Xperi Corporation (formerly Tessera Holding Corporation) is a San Jose, California-based firm that licenses technology and intellectual property in areas such as mobile computing, communications, memory and data storage, and 3-D Integrated Circuit (“3DIC”) technologies, among others. Markets include semiconductor packaging and interconnect solutions, mobile, computational imaging, audio and automotive. Tessera, a subsidiary of Xperi, has licensed its chip packaging technology to numerous semiconductor manufacturers, including Intel and Samsung Electronics.[1]

As the company has evolved, it expanded business through the formation of Invensas, an innovator in next-generation semiconductor and packaging technologies. The company continues to grow and expand through numerous acquisitions: FotoNation, which specializes in image and video enhancement and analysis; Ziptronix, which specializes in 3-D Integrated Circuit technologies; DTS, Inc., an audio technologies company; and assets acquisition from Pelican Imaging.

History[edit]

Tessera was founded in 1990.

Some company milestones are listed below:

  • 1990: company founded by former IBM research scientists
  • 1994: Hitachi and Shinko Electric Industries Ltd. license Tessera technologies
  • 2005: Samsung licenses Tessera technologies
  • 2005: Acquired assets of Shellcase MVP [2]
  • 2006: Acquired DigitalOptics Corporation [3]
  • 2008: Acquired FotoNation [4]
  • 2009: Won International Trade Commission ruling against Motorola, Qualcomm, Freescale Semiconductor and Spansion in May [5]
  • 2011: Founded Invensas Corporation
  • November 2011: Samsung extends 2005 license agreement with Tessera [6]
  • 2013: Sold Micro-Optics business
  • 2013: Closed leased manufacturing facility in Zhuhai, China, and consolidated manufacturing capabilities in Taiwan [7]
  • 2014: Announced cessation of mems | cam manufacturing operations [8]
  • 2015 Acquired Ziptronix [9]
  • November 2016: Acquired assets from Pelican Imaging [10]
  • December 2016: Acquired DTS, Inc. [11]
  • February 2017: Changed name from Tessera Holding Corporation to Xperi Corporation [12]

References[edit]

  1. ^ Vance, Ashlee (August 16, 2009). "A Determined Outpost of Tiny Technology". The New York Times. Retrieved August 17, 2009.
  2. ^ "Tessera completes acquisition of Shellcase assets". EE Times. Retrieved 28 December 2005.
  3. ^ "Tessera Completes Acquisition of Digital Optics Corporation". BusinessWire. 18 July 2006.
  4. ^ "Tessera Completes Acquisition of FotoNation". Bloomberg. Retrieved 12 February 2008.
  5. ^ "Tessera Shares Climb on Patent Ruling". WirelessWeek. Associated Press. May 22, 2009. Retrieved August 17, 2009.
  6. ^ "Samsung renews license agreement with Tessera". Reuters. 16 November 2011.
  7. ^ "Tessera Technologies Announces Strong Second Quarter 2014 Results". Bezinga. BusinessWire. Retrieved 4 August 2014.
  8. ^ "Tessera Technologies Will Cease All Remaining mems|cam Manufacturing Operations". BusinessWire. 16 January 2014.
  9. ^ "Tessera to Acquire Ziptronix, Inc. for $39 Million". BusinessWire. 27 August 2015.
  10. ^ "Tessera Technologies Acquires Technology Assets From Pelican Imaging Corporation". BusinessWire. 1 November 2016.
  11. ^ "Tessera Completes Acquisition of DTS". BusinessWire. 4 December 2016.
  12. ^ "Tessera Holding Corporation Announces Name Change to Xperi Corporation". BusinessWire. 22 February 2017.

External links[edit]