---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-125463"
form_type: "8-K"
ticker: "XPER"
cik: "0001788999"
company_name: "Xperi Inc."
filed_at: "2023-12-13T23:59:59+00:00"
generated_at: "2026-06-07T13:34:43.194469+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Xperi sells AutoSense business to Tobii for $42.7M; focuses on entertainment

## Summary
- Sale proceeds: ~$27.7M senior secured note (8% interest, three annual installments from 2027) + $15M cash (2028-2031) plus contingent consideration.
- Transaction expected to close within 30 days, subject to customary conditions.
- Estimated ~$30M revenue impact in 2024; transaction expected to be modestly accretive to Adjusted EBITDA.
- Approximately 280 employees transfer to Tobii; Xperi shifts focus to Smart TV, Connected Car, Video over Broadband.
- Centerview Partners and DLA Piper served as financial and legal advisors to Xperi, respectively.

## SEC filing metadata
- accession: 0001104659-23-125463
- form_type: 8-K
- ticker: XPER
- cik: 0001788999
- company_name: Xperi Inc.
- filed_at: 2023-12-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1788999/000110465923125463/0001104659-23-125463-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1788999/000110465923125463/tm2331805d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-125463
- JSON: https://secwatch.observer/filing/0001104659-23-125463.json
- Plain text: https://secwatch.observer/filing/0001104659-23-125463.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.