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Stock impact report

Xperi Announces Settlement of Toshiba Litigation

Xperi Inc. (XPER) 
Last xperi inc. earnings: 11/2 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.xperi.com
Company Research Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)--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 premiu Show less Read more
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