M&A Deal Summary

Xperi Acquires DTS

On September 20, 2016, Xperi acquired electronics company DTS for 850M USD

Acquisition Highlights
  • This is Xperi’s 2nd transaction in the Electronics sector.
  • This is Xperi’s largest (disclosed) transaction.
  • This is Xperi’s 5th transaction in the United States.
  • This is Xperi’s 4th transaction in California.

M&A Deal Summary
Date 2016-09-20
Target DTS
Sector Electronics
Buyer(s) Xperi
Deal Type Add-on Acquisition
Deal Value 850M USD
Advisor(s) Centerview Partners (Financial)
DLA Piper (Legal)

Target

DTS

Calabasas, California, United States
website
DTS, Inc. is a provider of sound solutions for mobile devices, home theater systems, cinema, and automotive. DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere.

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Buyer(S) 1

Buyer

Xperi

San Jose, California, United States

website

Category Company
Sector Technology Hardware
Employees1,800
Revenue 502M USD (2022)
DESCRIPTION

Xperi is the parent company of DTS, FotoNation, Invensas and Tessera. The Company Is one of the leading product and technology licensing companies and its technologies and intellectual property are deployed in areas such as premium audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, 3D semiconductor interconnect and packaging. Xperi is based in San Jose, California.

DEAL STATS #
Overall 7 of 10
Sector (Electronics) 2 of 2
Type (Add-on Acquisition) 7 of 7
State (California) 4 of 7
Country (United States) 5 of 8
Year (2016) 1 of 2
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-27 Ziptronix

Morrisville, North Carolina, United States

Ziptronix, Inc. is a developer of next-generation semiconductor integration strategies and processes.

Buy $39M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 Pelican Imaging - Technology Assets

Santa Clara, California, United States

Pelican Imaging Corp. - Technology Assets is a provider of IT services.

Buy -
Mergr

Product

Company

Legal