Xperi and Comcast Enter Into Long-Term Patent License Agreement
TiVo , a wholly owned subsidiary of Xperi Holding Corporation (NASDAQ: XPER) (Xperi), and Comcast Corporation (NASDAQ: CMCSA) today announced that they have entered into a 15-year patent license agreement.
- TiVo , a wholly owned subsidiary of Xperi Holding Corporation (NASDAQ: XPER) (Xperi), and Comcast Corporation (NASDAQ: CMCSA) today announced that they have entered into a 15-year patent license agreement.
- The agreement is effective as of the expiration of Comcasts prior agreement in 2016, providing broad coverage under TiVos patent portfolios into 2031.
- The agreement provides for an initial payment upon execution and ongoing payments through the remainder of the agreement.
- Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky.