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Discussion in 'TiVo Coffee House - TiVo Discussion' started by scherif, Dec 19, 2019.
TiVo to Merge With Entertainment-Tech Firm Xperi in $3 Billion Deal
Can’t be worse then the rovi merger.
I am not sure what this means relative to the TiVo hardware business. I could take a wild assed guess and predict that it will result in a slow de-emphasis of TiVo hardware and a continuing development of it's software. I am hoping, and I do not think this is contrary to my prior statement, that TiVo will continue development and plans for the announced dongle and/or some other hardware manufacturers will incorporate TiVo software into retail cable boxes. I am a Fios cable customer and I would be fine with a Fios box powered by TiVo software.
"TiVo has scrapped plans to split itself into two separate companies, and instead announced a $3 billion merger with Xperi, a company that sells audio, imaging and computing technology products.
The new merged entity will take the Xperi name but will continue to sell entertainment services under the TiVo brand along with Xperi’s DTS, HD Radio, and IMAX Enhanced brands."
HD Radio. Now there's some cutting edge technology.
Well, if it keeps TiVo alive for a while and maybe kills pre-roll ads, I’m all for it. DEATH TO PRE-ROLL ADS!!!
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Tessera was founded in 1990.
Some company milestones are listed below:
1990: company founded by former IBM research scientists
1994: Hitachi and Shinko Electric Industries Ltd. license Tessera technologies
2005: Samsung licenses Tessera technologies
2005: Acquired assets of Shellcase MVP 
2006: Acquired DigitalOptics Corporation 
2007 Acquired Eyesquad 
2008: Acquired FotoNation 
2009: Won International Trade Commission ruling against Motorola, Qualcomm, Freescale Semiconductor and Spansion in May 
2011: Founded Invensas Corporation
November 2011: Samsung extends 2005 license agreement with Tessera 
2013: Sold Micro-Optics business
2013: Closed leased manufacturing facility in Zhuhai, China, and consolidated manufacturing capabilities in Taiwan 
2014: Announced cessation of mems | cam manufacturing operations 
2015 Acquired Ziptronix 
November 2016: Acquired assets from Pelican Imaging 
December 2016: Acquired DTS, Inc. 
February 2017: Changed name from Tessera Holding Corporation to Xperi Corporation 
Looks Like they aquire assets....
then license to others.....
patent trolls ... ?
Well one thing I noted, its the end of the line for Tivo as a company. There will no longer be a company called Tivo. Will just be a brand / marketing licence. Other than that, it seems like more of the same as what happened with Rovi. Just acquired the patents to make money licencing them.
So long Tivo. It's been a fun if aggravating ride these 20 years.
The linked article touts the biggest accomplishment of the merger is that the new company will have over 10,000 patents so it sounds like they believe their biggest revenue will be licensing. That fits well with TiVo’s model, so the merger makes more sense.
The article also mentions that Tivo shareholders will hold majority share in the new company so it sounds like Tivo will be in the driver’s seat despite keeping the Xperi CEO.
The part I find odd, is that they are keeping the Xperi name. Tivo is much more recognizable. I’ve never heard of Xperi.
Overall though if this averts the death spiral that Tivo has been in, then it would be a good move. I feel like it won’t though and in a few years we’ll see another buy out/merger. The new merged company is likely to be more desirable to other companies than the current one.
And soooooo successful!
It would have been more successful if the FCC hadn't allowed half-assed (aka super low power) operation of HD stations. Where I live, for example, HD radio is great if it's working, but it's incredibly prone to dropouts and interference. The HD radio simulcasts have vastly superior quality to their AM equivalents but because my car loses signal every 10-15 seconds as it moves, and takes around 5 seconds to resync the signal each time, they're painful to listen to. It only works well if the car is stationary, and even then if the car moves 20 feet (such as might happen at a stoplight) the signal might drop (or if dropped, would reappear). It's flat around here too, and there are no tall buildings to cause problems.
TiVo, Xperi Tout Scale Benefits of Proposed All-Stock Combo | Light Reading
If this happened pre-Rovi, I'd have been worried. But given the issues, Rovi guide data quality, pre-roll ads as my 2 main examples, I don't "love" my Tivo's as much as I used to and therefore will roll with the punches.
In reality, the real TiVo hasn't been its own company since Rovi's purchase of it 3+ years ago--it's "simply" been a division within RoVi (which used the TiVo name, for name-recognition bastardy purposes).
I wouldn't doubt if Tivo is still spunoff. This doesn't mean it won't be. Xperi doesn't seem to have a product business. They license tech and own patents like ....Rovio.
btw I got xperi confused with xperia. Xperia is a Sony phone I think. And maybe to add to the confusion at least for me is 38% of Xperi's sales go to 1 customer - Samsung.
Seems much more attractive, for us consumers and TiVo box owners/service users, than the TiVo CEO David Shull intended alternative, splitting the old TiVo into 2 and selling them to the highest bidders. I always feared that that could become/would be used as a road to TiVo consumer electronics products bankruptcy/dissolution, and, with a bankrupt company, Lifetime holders having no recourse for their investments and contracts. With "the old TiVo" remaining whole and within a larger, successful company, there is greater chance and opportunity for extended life and, who knows, perhaps even thriving, with people who know how to manage/encourage that. Viewed from the outside, Shull clearly did not--he seemed a robber baron (at best). And the TiVo Lifetime contracts live on, as a legal matter.
I'm also pleased to see Shull pushed to the side, as a "strategic advisor." From the outside, I've never trusted him as a successful, positive force apart from the squeezing out of money whatever the ramifications. And he hasn't seemed creative or successful at that. I expect that he will be gone, ultimately.
Does any of this help explain @TiVo_Ted's absence from these parts and elsewhere for an extended time?
From the cordcuttersnews article they had someone quoted saying this
"will be combined with Xperi’s product capabilities in the home, automotive, and mobile device ecosystems. The platform will allow consumers to enjoy entertainment anywhere, anytime, on any device."
Do we think they will open tivo up to the apps that we have been dying for? I hope so...I am cautiously optimistic for this to work out, of course I said the same thing for the cleveland browns this season.
Gee, I want more of TE4, TiVo Edge, pre-roll ad innovation.
A good deal for shareholders, but at 1.2 billion for Rovi/TiVo seem a little high.
Will have to see who is let go and who is brought in after the merger to determine if TiVo becomes user friendly once again.
The last time @TiVo_Ted was on the forum was about 2 hours ago.
He hasn't tweeted in about a month.