Powered by

Xperi and Comcast Enter Into Long-Term Patent License Agreement; Agreement Reinforces the Long-Term Relevance and Value of the Media IP Licensing Business

Nov 09, 2020 - Business Wire

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 Comcast's prior agreement in 2016, providing broad coverage under TiVo's patent portfolios into 2031. The agreement also resolves all of the outstanding litigation between the companies.

The terms of the agreement are consistent with...