Tessera Becomes Xperi

BusinessWire: Tessera is changing its name to Xperi Corporation (“Xperi”) and its Nasdaq ticker symbol to XPER, effective tomorrow, February 23. This change, which also includes a new corporate logo and brand platform, is a reflection of the company’s expanded capabilities, continued technological innovation and refined vision.

“Changing our name to Xperi is an incredible moment in our history,” said Tom Lacey, CEO of Tessera Holding Corporation. “Xperi represents the combination of DTS, FotoNation, Invensas and Tessera – world-class companies dedicated to creating solutions that enable extraordinary experiences for people around the world. Our new logo and brand identity convey the unlimited possibilities of what our team of approximately 700 employees can create to truly impact the human experience. We are constantly inspired by how people use our technologies in their lives, and that drives us to continue generating ideas and innovation. We cannot wait to show the world what’s next.”