The company behind TiVo, DTS, IMAX Enhanced and HD Radio has made its debut on the New York Stock Exchange.
Xperi executives rang the opening bell on the NYSE to mark the start of trading.
“We are at an exciting point in our journey,” said Jon Kirchner, Chief Executive Officer. “Today we stand as an independent company with a strong balance sheet, a leadership team with significant tenure and an exciting path to significant growth and profitability. The realization of this strategic milestone is the result of years of continuous effort.”
Xperi has recently won customers for its new operating system TiVo from Vestel, one of the top three global TV manufacturers, deals with BMW and Mercedes in the automotive sector, and a number of IPTV customers.
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