Xperi Announces Settlement of Toshiba Litigation

SAN JOSE, Calif. — (BUSINESS WIRE) — March 10, 2020 — Xperi Corporation (NASDAQ: XPER) announced today that it reached an agreement with Toshiba Corporation (“Toshiba”) to settle and dismiss the pending litigation between Tessera, Inc. and Toshiba.

"We have had a business relationship with Toshiba for more than two decades, and we are pleased to have reached a resolution of this dispute," said Paul Davis, Senior Vice President and General Counsel of Xperi. "We are hopeful that this settlement will pave the way for collaboration on future business opportunities."

The terms and conditions of the settlement agreement are confidential.

About Xperi Corporation

Xperi Corporation (Nasdaq: XPER) and its brands DTS, IMAX Enhanced, HD Radio, and Invensas, are dedicated to creating innovative technology solutions that enable extraordinary experiences for people around the world. Xperi’s solutions are licensed by hundreds of leading global partners and have shipped in billions of products in areas including premium audio, automotive, broadcast, computational imaging, computer vision, mobile computing and communications, memory, data storage, and 3D semiconductor interconnect and packaging. For more information, please call 408-321-6000 or visit www.xperi.com.

XPER-L



Contact:

Xperi Media Contact:
Stacy Roughan
+ 1 818-436-1086
media@xperi.com

Xperi Investor Contact:
Geri Weinfeld
+1 818-436-1231
geri.weinfeld@xperi.com




Review Article Be the first to review this article
Featured Video
Editorial
Latest Blog Posts
Jeff RoweMCADCafe Editorial
by Jeff Rowe
Cadence: A Natural Progression From EDA to CFD
Jobs
MECHANICAL ENGINEERING for L3Harris at Hamilton,, Canada
Mechanical Engineer Advisor for Halliburton at Houston, Texas
Sales Engineer for InfraMarker at Madison, Wisconsin
BIM Specialist - Architecture for Microdesk at Nashua, New Hampshire
ASIC Architects and Hardware Engineers at D. E. Shaw Research for D. E. Shaw Research at New York, New York
GIS Technician for City of Saratoga Springs at Saratoga Springs, Utah
Upcoming Events
IMTS 2022 at McCormick Place Chicago IL - Sep 12 - 17, 2022
FABTECH 2022 at Georgia World Congress Center Atlanta GA - Nov 8 - 10, 2022



© 2022 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise