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Tessera Changes Name to Xperi

DTS parent Tessera changed its name to Xperi, with the Nasdaq ticker symbol XPER, effective Thursday, it announced. The change reflects the company’s “expanded capabilities, continued technological innovation and refined vision,” it said Wednesday. Tessera in September in a $850…

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million deal (see 1609200027) bought DTS, which itself bought HD Radio developer iBiquity for about $170 million.