Xperi acquires Vewd Software for $109M to boost TiVo streaming platform

Adeia Inc.

Deal value: $109M in cash and debt; Vewd ships in 30M+ connected TV devices annually.
Expected incremental revenue of $10M in H2 2022, followed by positive EBITDA in 2023.
Acquisition adds ~275 employees; Vewd management will continue to lead the business.
Establishes Xperi as largest independent Smart TV middleware provider via TiVo brand.
Gives access to ~15M European devices for monetization, including TiVo+ free ad-supported TV.

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.