The International Trade Commission began a Section 337 investigation on allegations that AMD, Lenovo and Supermicro Computer are importing and selling semiconductor devices that infringe patents held by Adeia Semiconductor Bonding Technologies, Inc. (ITC Inv. No. 337-TA-1465), it said in a notice to be published Dec. 19.
The International Trade Commission seeks comments by Nov. 28 on a Section 337 complaint alleging that imports of semiconductor devices infringe patents held by Adeia, it said in a notice to be published Nov. 19 in the Federal Register. According to the complaint, Adeia is seeking a limited exclusion order and cease and desist orders against ADM, Lenovo and Supermicro Computer to bar from entry "certain semiconductor devices, computing products containing the same, and components thereof" that violate their patents. Adeia said in the complaint that "arguments that attempt to label Adeia as a 'troll' or non-practicing entity are baseless."
Livestreaming is a highly desired offering in over-the-top video, but numerous complications stand in the way of providers risking the effort to successfully deliver real-time events, said presenters on a Wednesday Stream TV session on livestreaming at scale.
Livestreaming is a highly desired offering in over-the-top video, but numerous complications stand in the way of providers risking the effort to successfully deliver real-time events, said presenters on a Wednesday Stream TV session on livestreaming at scale.
Shares of Xperi hit a 52-week low Monday at $13.30 before closing 42.4% lower at $14.97, in its first day as an independent company on the New York Stock Exchange trading under the XPER symbol. Adeia, the IP licensing business of Xperi Holding, began trading under the ADEA symbol on the Nasdaq exchange, also Monday, after the spinoff with Xperi. Xperi Holding brands are Adeia, DTS, HD Radio, Imax Enhanced and TiVo, plus startup Perceive. Xperi CEO Jon Kirchner said the company’s strategy tracks industry growth trends “and creates a highly scalable revenue stream through engagement-based monetization.” The company’s market engagement model “is well positioned to drive partner adoption by allowing TV OEMs and automotive OEMs to brand the experience, retain customer ownership, and actively participate in long term revenue generation,” Kirchner said. He highlighted recent Xperi customer wins including European TV maker Vestel for TiVo OS and BMW and Mercedes on the automotive side. Adeia shares closed at $7.19.
Xperi CEO Jon Kirchner will mark the Oct. 1 separation of the Xperi product business and Adeia intellectual property company by ringing the opening bell of the New York Stock Exchange the morning of Oct. 3, said the company Monday. Adeia CEO Paul Davis will ring the Nasdaq’s closing bell that same afternoon, it said. Both stocks will begin their first official day of trading Oct. 3, Xperi under the stock symbol XPER, and Adeia under the symbol ADEA.
Xperi hopes to capitalize on consumer streaming subscription fatigue, said Geir Skaaden, chief products and services officer, on the company’s Tuesday virtual Investor Day. The event outlined how Xperi and licensing company Adeia plan to go forward following their planned spinoff, due to happen Oct. 1 (see 2209080029).
Xperi’s board expects the spinoff of the company’s IP licensing business, Adeia, from the Xperi product business to be complete around Oct. 1, said the board Thursday. Xperi will begin “regular-way” trading on the New York Stock Exchange Oct. 3 under the XPER symbol; Adeia is expected to trade on the Nasdaq under the new stock symbol ADEA, it said. The spinoff remains subject to certain conditions being satisfied or waived by the closing date.
Xperi’s board formally approved the previously announced separation of its product and intellectual property licensing businesses into two independent publicly traded companies, said the company Monday. Xperi filed a Form 10 registration statement Friday with the SEC on the planned separation of the product business, it said. When the separation is complete, Xperi will begin trading on the New York Stock Exchange under the symbol XPER, and the IP business, which was named Adeia, will trade on the Nasdaq under the symbol ADEA, it said. The separation is subject to customary conditions, including the final approval and effectiveness of the Form 10 registration statement, said the company. Xperi plans to livestream an investor day event Sept. 20 at 8:30 a.m. EDT "in anticipation" of the separation, said the company Monday. "Presentations for each business will be given separately, followed by live Q&A sessions," it said.
TiVo signed its first smart TV customer for TiVo OS, said Xperi CEO Jon Kirchner on a Q2 earnings call Monday. TiVo OS is Xperi's embedded operating system and media platform for smart TVs.