In today’s briefing:
- XPER: The Sense Behind the Cents
XPER: The Sense Behind the Cents
- XPER is streamlining its operations by divesting its AutoSense and image sensing product lines to strategically refocus on the burgeoning entertainment sector
- XPER is selling AutoSense and the image sensor business to Tobii for $42.7 million plus a performance fee
- XPER estimates revenue loss from the divesture would be approximately $30 million with adjusted EBITDA moving up
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