---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-090493"
form_type: "8-K"
ticker: "XPER"
cik: "0001788999"
company_name: "Xperi Inc."
filed_at: "2024-08-16T23:59:59+00:00"
generated_at: "2026-05-31T08:52:40.374114+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Xperi subsidiary Perceive Corp agrees to sell assets to Amazon for $80M cash

## Summary
- Xperi's 76.2%-owned subsidiary Perceive Corp signs asset purchase agreement with Amazon.com Services LLC for $80M in cash.
- Transaction covers substantially all assets and certain liabilities of Perceive, including a holdback for indemnification obligations.
- Closing subject to regulatory approvals and customary conditions; deal may be terminated if not closed within 90 days (6 months for regulatory).
- Post-closing, Xperi and Perceive are bound by 3-year restrictive covenants limiting competing business activities.

## SEC filing metadata
- accession: 0001104659-24-090493
- form_type: 8-K
- ticker: XPER
- cik: 0001788999
- company_name: Xperi Inc.
- filed_at: 2024-08-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1788999/000110465924090493/0001104659-24-090493-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1788999/000110465924090493/tm2421774d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-090493
- JSON: https://secwatch.observer/filing/0001104659-24-090493.json
- Plain text: https://secwatch.observer/filing/0001104659-24-090493.txt

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