tiprankstipranks
Xperi Inc Announces Perceive Asset Sale to Amazon
Company Announcements

Xperi Inc Announces Perceive Asset Sale to Amazon

Don't Miss Our Christmas Offers:

Xperi Inc (XPER) just unveiled an update.

Xperi Inc. and its subsidiary, Perceive Corporation, have entered into a deal with Amazon.com Services LLC, where Amazon will acquire most of Perceive’s assets and some liabilities for $80 million. This move includes agreements on standard business practices and post-sale restrictions, with the completion of the sale hinging on regulatory approvals and adherence to the terms set forth. The transaction has made headlines with an official press release on Xperi’s investor relations website.

For an in-depth examination of XPER stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskXperi Inc. Reports Strong Q3 2024 Earnings and Strategic Wins
TheFlyXperi reports Q3 EPS 51c, consensus 18c
TheFlyXperi cuts FY24 revenue view to $490M-$505M from $500M-$530M
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App