Five years ago this week… Faultline speculated that Accedo’s acquisition of middleware developer Hibox Systems would jeopardize its status as an open-arms partnership provisioner. The TV app developer’s CEO, Michael Lantz, assured us that none of Accedo’s existing marketplace providers competed with Hibox’s offering at the time—stressing that the purchase was not designed to replace its open marketplace ecosystem. The deal provided Accedo with routes into the hospitality and healthcare markets. But after fewer than five years of allowing Hibox to operate independently, Accedo decided that these TV-adjacent verticals were no longer a strategic fit, and sold Hibox for $8 million. Xperi hits inflection point: Xperi, the TiVo company, reported 2025 revenue of $448 million (down from $494 million…