Xperi closes $80M sale of Perceive subsidiary to Amazon; expects ~$52M net proceeds

Xperi Inc.

Sale of Perceive Corporation to Amazon.com Services for $80M cash closed Oct. 2, 2024.
Net proceeds estimated ~$52M after taxes, fees; $12M holdback for indemnification.
Company intends to use a portion of net proceeds to repurchase common stock.
Transaction expected to improve Xperi's adjusted EBITDA margin by ~1 percentage point annually.
Xperi indirectly owns 76.2% of Perceive; noncontrolling interest reflects minority share.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.