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Synopsis
Xperi, an American technology company that licenses technology and intellectual property, completed the acquisition of Vewd Software, a global provider of over-the-top and hybrid TV solutions, for $109m. "Xperi’s TiVo product offerings, when integrated with Vewd’s suite of streaming platform solutions, will help accelerate and scale the deployment of TiVo OS for connected TVs and expand our video-over-broadband offerings. Vewd’s global reach and expertise in providing support to content owners, TV OEMs, and SoC partners as they deploy middleware and OS solutions across various devices is tremendously valuable and further paves the way for additional monetization opportunities as we expand our global footprint of streaming devices," Jon Kirchner, Xperi CEO.
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