TiVo merges with technology licensor Xperi in $3 billion deal

Benjamin Okorie
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TiVo merges with technology licensor Xperi in $3 billion dealEarlier this year, TiVo said it was preparing to split itself into two -- a product and IP business -- in order to make itself more attractive to buyers. Today, the company announced those plans have been put on hold as it has instead merged with technology licensor Xperi Corporation, in a $3 billion deal. This will allow the newly combined company to sell off one of those units to a strategic buyer at a later date.


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