By all accounts, the 2024 NAB Show in Las Vegas was largely successful for Xperi Inc., as its DTS AutoStage continues to gain momentum while its HD Radio and TiVo branded products also give the company growth opportunities it perhaps hasn’t seen in several quarters.
Rubric Capital feels otherwise, and seeks to replace half of Xperi’s independent board directors. Xperi on Wednesday addressed this “puzzling campaign” by firmly dismissing Rubric’s effort.