Pixelworks closes Shanghai unit sale for ~$51M, pivots to licensing model

PIXELWORKS, INC

Sale of Pixelworks Shanghai to VeriSilicon closed Jan 2026; $51M added to $11.2M year-end cash.
Restructured operations around TrueCut Motion platform; exited semiconductor hardware.
New EVP of Business Development appointed; Board refreshed to align with licensing strategy.
Partnerships with Marcus Theatres and ODEON Cinemas for TrueCut Motion enhanced titles.
Full-year 2025 continuing ops financials not detailed; focus on corporate transformation.

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