Xperi Expands Its Global Footprint With Its Powered By TiVo Media Platform For Smart TVs And Connected Car; Tivo Signs New Smart TV Manufacturer And Expands BMW Relationship
Portfolio Pulse from Benzinga Newsdesk
At CES 2024, Xperi Inc. announced a new OEM partnership for smart TVs with its Powered by TiVo platform, expanded its relationship with BMW for the DTS AutoStage Video Service, and added new content partners globally. Xperi's TiVo OS for smart TVs and DTS AutoStage for connected cars aim to enhance the entertainment experience with personalization and machine learning. Smart TVs with TiVo OS are rolling out in Europe through partners like Vestel, Argos, Konka, and Sharp. The DTS AutoStage Video Service is being deployed in various BMW models across multiple countries, offering premium content in vehicles.
January 08, 2024 | 2:20 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Xperi Inc. has announced significant partnerships and expansions at CES 2024, including a new OEM for TiVo-powered smart TVs and an expanded relationship with BMW for connected car services. The company's focus on personalization and machine learning in entertainment could drive demand for its services.
The announcement of new partnerships and product rollouts is likely to be viewed positively by investors, as it indicates growth and expansion in Xperi's business. The focus on personalization and machine learning, along with the expected growth in connected television advertising, suggests potential for increased revenue streams. The partnerships with well-known brands like BMW and the presence in the European market through various OEMs could lead to increased market share and brand recognition, which may positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100