Correct. The same company also gobbled up TiVo and put no further development into its DVRs, ultimately ending DVR sales just this month after five years of stagnation. Xperi instead used the Tivo brand for an Android streaming device it hoped could compete with Roku, Apple TV, etc., the Tivo Stream 4K, but it never gained much traction and has also been discontinued.
Xperi is now trying to cash in on Tivo's brand equity by slapping the name onto an operating system for smart TV's, Tivo OS. It's only found on a handful of TVs sold in Europe and one Sharp TV sold in the U.S.