XPER

Xperi Inc.

A technology licensing company whose DTS surround-sound format fills movie theaters, home systems, cars, and phones, and whose HD Radio broadcasts digital audio over the air. It was born in 2020 when Tessera Technologies, which had absorbed DTS, spun off its consumer-electronics arm under the new name Xperi—a coined word evoking 'expertise' and 'experience.' Fun fact: DTS once meant Digital Theater Systems, a sound format born in 1993 for movie theaters.