Meta names Javier Olivan chief operating officer, replacing Sheryl Sandberg, who remains with company through Sept. 30, then continues as a board member (see this section, June 2) … Xperi hires Keith Jones from Rambus as chief financial officer of Adeia, its intellectual property business, effective Aug. 8, and he will remain in that role after Adeia is spun off this fall; Rambus promotes Desmond Lynch to replace Jones as CFO-senior vice president ... Cybersecurity company ShiftLeft taps board member Stuart McClure, ex-Cylance, as CEO, replacing Manish Gupta, who will continue as adviser to ShiftLeft and its board; McClure also joins NetRise board ... Digital media quality platform Integral Ad Science hires Thomas Joseph from SiriusXM and Pandora as chief technology officer, effective Aug. 8.
Xperi hires Keith Jones from Rambus as chief financial officer of Adeia, its intellectual property business, effective Aug. 8, and he will remain in that role after Adeia is spun off this fall; Rambus promotes Desmond Lynch to replace Jones as CFO-senior vice president ... Meta names Javier Olivan chief operating officer, replacing Sheryl Sandberg, who remains with company through Sept. 30, then continues as a board member (see this section, June 2) … WWE adds Snapchat’s Craig Stimmel as senior vice president and head-global sales and partnerships ... Cybersecurity company ShiftLeft taps board member Stuart McClure, ex-Cylance, as CEO, replacing Manish Gupta, who will continue as adviser to ShiftLeft and its board; McClure also joins NetRise board ... Digital media quality platform Integral Ad Science hires Thomas Joseph from SiriusXM and Pandora as chief technology officer, effective Aug. 8 ... E-commerce platform Squarespace adds Logitech board member Neela Montgomery, from venture capital firm Greycroft Partners, to its board ... Specialized payments platform Paysafe names Ureeka co-founder Rob Gatto its first chief revenue officer ... SymphonyAI names recruits Pushpraj Shukla, ex-Microsoft, vice president-artificial intelligence and machine learning and head-incubation ... Cloud networking company Extreme Networks promotes Cristian Mircea to chief development officer; Markus Nispel to CTO-Europe, the Middle East and Africa; and Dan DeBacker to senior vice president-products.
Xperi’s Adeia intellectual property licensing brand is “disappointed” in the Federal Court of Canada’s Monday’s ruling in favor of Videotron, said Xperi, noting the company is “exploring all our options, including appealing the decision” on Videotron’s legacy illico platform. The court said each of the asserted claims of the four Rovi Guide patents involved in the case were invalid. Last year, Xperi filed a second lawsuit (see 2105240024), accusing Videotron of infringing four different patents involving its Helix platform and advanced DVR functionality, delivering video programming in multiple formats and switching between broadcast and streaming programs, Xperi said; that lawsuit is ongoing. “We will continue to pursue our rights as we seek a mutually acceptable agreement with Videotron to allow the ongoing use of our patented technology, just as we have done broadly with the other major Canadian and US Pay-TV providers,” said Adeia President Paul Davis. The patents in the illico ruling are a “very small fraction” of Adeia’s overall portfolio and about 1% of the total Canadian portfolio, Davis said. The ruling isn't expected to have an impact on 2022 guidance. On Tuesday, Pierre Karl Peladeau, CEO, of Videotron parent Quebecor, said the ruling is "an important victory for Videotron and all technology companies that grapple with organizations whose practices are akin to those of patent trolls, which create no value for society and cost millions of dollars per year." Patents should "reward innovation, not hinder it," he said. "We have shown that businesses should not give in to unjustified threats. Quebecor and Videotron will continue to vigorously defend their interests." Both companies cited confidentiality requirements in the case. Videotron said the court's decision should be released in coming days.
FTC Commissioner Alvaro Bedoya announces legal staff positions (see 2205250041): Aaron Rieke, from Upturn, becomes chief of staff and attorney adviser; Danielle Estrada moves to attorney adviser-consumer protection and Catherine Sanchez to attorney adviser-competition; and Max Miller, ex-Iowa Attorney General’s Office, also becomes attorney adviser-competition … Charlie Meisch, ex-FCC senior and ex-Crosscut Strategies, joins NTIA as director-public affairs.
Xperi elevates Paul Davis to CEO of Adeia, its intellectual property licensing business, effective with its spinoff as a stand-alone company this fall (see 2205250027), until which Davis will serve as Adeia’s president and also continue in his role as Xperi chief legal officer ... Messe Berlin appoints ITB Berlin’s David Ruetz and Fruit Logistica’s Kai Mangelberger as IFA 2022 senior vice president and director, respectively, replacing previous IFA leadership team of Jens Heithecker and Dirk Koslowski ... Edge connectivity company Alef adds former FCC Chairman Tom Wheeler to its board ... McAfee recruits Intuit Executive Vice President-General Manager Greg Johnson as president-CEO, effective June 13, to succeed Peter Leav, stepping down ... FanDuel Group taps Compass’ Andrew Sheh, also ex-Palantir Technologies, as chief technology officer ... Zayo Group adds former Neustar CEO Lisa Hook to its board ... Quotient Technology appoints Iron Mountain Chief Technology Officer Kimberly Anstett to its board, effective June 4, replacing Steve Horowitz, stepping down effective June 4 for personal health reasons, and elevates Matt Krepsik to previously announced role of CEO to succeed Steven Boal, who will remain an employee and board member until the conclusion of Quotient’s annual meeting ... Ada, automated brand interaction company, recruits Bronwyn Smith from Shopify as senior vice president-operations, and promotes Ruth Zive to chief marketing officer and Dan Code-McNeil to chief revenue officer, both newly created roles.
Xperi announced Paul Davis as CEO of Adeia, its intellectual property business that's due to be spun off as a stand-alone company this fall. In the interim, Davis will serve as Adeia president and continue in his role as Xperi chief legal officer, said the company Wednesday. Adeia will have 10,000 patent assets when it branches off on its own this fall, said Xperi CEO Jon Kirchner on an earnings call this month (see 2205100026). Xperi's product business, meanwhile, will focus on advanced infotainment and in-cabin safety products in cars along with its IPTV business. On Wednesday Kirchner praised Davis’ “deep knowledge of the IP licensing business,” including his role as general counsel of Tessera Technologies, the predecessor to Xperi before the company bought DTS in 2016.
As it moves toward a fall separation of its intellectual property licensing and product businesses, Xperi’s focus on the product side is on driving adoption of higher value IPTV solutions to offset subscriber declines in its traditional electronic programming guide business, said CEO Jon Kirchner on a Q1 earnings call Monday.
Xperi’s intellectural property licensing brand, Adeia, announced an agreement transferring its DBI Ultra die-to-wafer hybrid bonding IP to Rohm semiconductor company Lapis. The agreement also includes a license to Adeia’s foundational hybrid bonding patent portfolio, the companies said Wednesday. Lapis will use the technology in a new generation of application specific standard products and custom large scale integration and application specific integrated circuits, they said.