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Announced

Completed

Xperi completed the acquisition of Vewd Software for $109m.

Financials

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Transaction Value£89m
Consideration TypeLoan Notes, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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it services

Private

over-the-top

hybrid TV

IT Services: Other

Acquisition

Cross Border

Completed

Norway

Friendly

Single Bidder

Majority

Synopsis

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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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