Xperi (XPER)

[Paullee]

Item 8.01 Other Events.
On August 9, 2017, the U.S. International Trade Commission (the “Commission”), issued a notice extending by approximately one month the dates for the Commission to determine whether to review the final initial determination (“ID”) and the target date for completion of the investigation in In Re Certain Semiconductor Devices, Semiconductor Device Packages, And Products Containing Same , ITC Investigation No. 337-TA-1010, filed by Tessera Technologies, Inc., Tessera, Inc., and Invensas Corporation (collectively, “Tessera”) against Broadcom Limited, Broadcom Corporation (“Broadcom”), ARRIS International plc, ARRIS Group, Inc., ARRIS Technology, Inc., ARRIS Enterprises LLC, ARRIS Solutions, Inc., Pace Americas, LLC, Pace USA LLC, Pace Ltd., ASUSTeK Computer Inc., ASUS Computer International, HTC Corporation, HTC America, Inc., NETGEAR, Inc., Arista Networks, Inc. Comcast Cable Communications, LLC, Comcast Cable Communications Management, LLC, Comcast Business Communications, LLC, Technicolor S.A., Technicolor USA, Inc., and Technicolor Connected Home USA LLC (collectively, “Respondents”). Tessera Technologies, Inc., Tessera, Inc., and Invensas Corporation are wholly-owned subsidiaries of Xperi Corporation (the “Company”).
The new deadline for the Commission to determine whether to review the final initial determination is September 29, 2017, and the new target date for completion of the investigation is December 1, 2017.
The Company does not believe the extension has any bearing on the merits of the investigation. The Commission indicated that it required additional time to consider the petitions for review.