Tessera Holding Corporation Announces Name Change to Xperi Corporation
23 February 2017 - 1:00AM
Business Wire
New Name, Ticker Symbol and Brand Identity
Reflect the Company’s Expanding Capabilities And Commitment to
Enabling Extraordinary Experiences
Tessera Holding Corporation (Nasdaq: TSRA) (the “Company” or
“Tessera”) is proud to announce it will change its name to Xperi
Corporation (“Xperi”) and its Nasdaq ticker symbol to XPER,
effective tomorrow, February 23. This change, which also includes a
new corporate logo and brand platform, is a reflection of the
company’s expanded capabilities, continued technological innovation
and refined vision. Xperi and its wholly owned subsidiaries, DTS,
FotoNation, Invensas and Tessera, will continue to create and
deliver premium audio and broadcast solutions, computational
imaging technology, semiconductor packaging, and intellectual
property licensing to hundreds of global partners for billions of
products.
“Changing our name to Xperi is an incredible moment in our
history,” said Tom Lacey, CEO of Tessera Holding Corporation.
“Xperi represents the combination of DTS, FotoNation, Invensas and
Tessera – world-class companies dedicated to creating solutions
that enable extraordinary experiences for people around the world.
Our new logo and brand identity convey the unlimited possibilities
of what our team of approximately 700 employees can create to truly
impact the human experience. We are constantly inspired by how
people use our technologies in their lives, and that drives us to
continue generating ideas and innovation. We cannot wait to show
the world what’s next.”
Since 1993, DTS has been dedicated to making the world sound
better. Through its pioneering audio solutions for mobile devices,
home theater systems, cinema, automotive and beyond, DTS provides
incredibly high-quality, immersive and engaging audio experiences
to listeners everywhere.
FotoNation, founded in 1997, is a global leader in providing
computational imaging and computer vision solutions. Its
technologies and solutions enhance the digital imaging capabilities
in billions of smartphones, digital cameras, drones, activity
cameras, tablets, surveillance systems, access control systems and
more.
Invensas has been the world’s leading provider of advanced
semiconductor packaging and interconnect technologies since being
founded in 2011. Invensas enables the next generation of
electronics products to be smaller, faster, consume less power and
deliver higher levels of functionality.
Founded in 1990, Tessera originally focused on the research and
development of semiconductor packaging technology. Throughout its
history, Tessera has been a leader in innovating and licensing
technology and intellectual property. Tessera’s customers include
many of the world’s leading semiconductor, smartphone and digital
imaging manufacturers.
About Tessera Holding Corporation
Tessera Holding Corporation is the parent company of DTS,
FotoNation, Invensas and Tessera. We are one of the world’s leading
product and technology licensing companies. Our technologies and
intellectual property are deployed in areas such as premium audio,
computational imaging, computer vision, mobile computing and
communications, memory, data storage, 3D semiconductor interconnect
and packaging. We invent smart sight and sound technologies that
enhance and help to transform the human connected experience. For
more information, call +1 408-321-6000 or
visit www.tesseraholdingcorporation.com.
Tessera, Invensas, and their respective logos, are trademarks or
registered trademarks of affiliated companies of Tessera Holding
Corporation in the United States and other countries. All other
company, brand and product names may be trademarks or registered
trademarks of their respective companies.
SOURCE: TESSERA HOLDING CORPORATION
TSRA-E
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version on businesswire.com: http://www.businesswire.com/news/home/20170222005478/en/
PR Contact:Tessera Holding CorporationJordan Miller, +1
818-436-1082PR@tessera.comorInvestor Relations
Contact:Tessera Holding CorporationGeri Weinfeld, +1
818-436-1231IR@tessera.com
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