TiVo nears all-stock merger with Xperi

TiVo Corp., the inventor of the digital video recorder, and technology licenser Xperi Corp. have agreed to merge in an all-stock transaction valued at $1.21 billion.

Combining the companies could create at least $50 million in savings, according to the statement. The transaction also would put on hold TiVo’s announced plan to spin off its intellectual property unit early next year, one of the people familiar with the matter has said. TiVo, which merged with rival Rovi Corp. in 2016, retained a financial advisor last year to explore strategic alternatives.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks near record highs, Sweden ends negative ratesWorld stocks drifted down from the week's record highs on Thursday, while t...
La source: Reuters - 🏆 2. / 97 Lire la suite »

Vivint to cut enterprise value in merger deal with SoftBank unitVivint Smart Home Inc has agreed to reduce its initial enterprise value to about...
La source: Reuters - 🏆 2. / 97 Lire la suite »

Timeline: Fiat Chrysler and Peugeot merger marks next round of consolidationFiat Chrysler and Peugeot maker PSA on Wednesday reached a binding agreement for...
La source: Reuters - 🏆 2. / 97 Lire la suite »

Dongfeng to reduce PSA stake in merger deal with Fiat: sourcesChina's Dongfeng Motor will have a reduced stake of around 4.5% i... 4(per) 1 penny Ante Up annieoakley RayVaughn4real
La source: Reuters - 🏆 2. / 97 Lire la suite »

Fiat Chrysler, Peugeot owner PSA agree binding merger dealFiat Chrysler and Peugeot maker PSA said on Wednesday they had agreed on a bindi... Money Moves ... Don't Quote Me. That's the end of Chrysler.
La source: Reuters - 🏆 2. / 97 Lire la suite »