XPER - Portfolios Gain With XPER-Ience

Introduction

There is a reasonable probability that you (the reader) are currently located within 20 feet of at least five devices that Xperi Corporation (XPER) technologies have enabled. XPER doesn’t physically make anything yet its technologies are embedded in over one hundred billion devices worldwide.

XPER is a combination of two formerly publicly traded businesses, both founded in 1990: Tessera and DTS.

Tessera (50% of billings)Tessera owns a substantial portfolio of intellectual property focused on semiconductor packaging technologies. A semiconductor package protects the microchip against impact, chemical contamination, and light exposure. It