Adeia Enters into Multi-Year IP License Agreement with Amazon

GlobeNewswire

03 Dec 2024

SAN JOSE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) has entered into a multi-year agreement with Amazon that covers Adeia's media intellectual property (IP) portfolio.

"Amazon plays an immense role in today's innovation society," said Paul E. Davis, Adeia's chief executive officer. "We are pleased to include Amazon among our many distinguished customers."

Adeia's advanced R&D results in fundamental innovations that power their customers' next-generation products, delivering breakthroughs in digital experiences for consumer and enterprise applications. The company's IP shapes the way millions of people explore and experience entertainment and enhances billions of devices in an increasingly connected world.

About Adeia

Adeia is a leading R&D and intellectual property (IP) licensing company that accelerates the adoption of innovative technologies in the media and semiconductor industries. Adeia's fundamental innovations underpin technology solutions that are shaping and elevating the future of digital entertainment and electronics. Adeia's IP portfolios power the connected devices that touch the lives of millions of people around the world every day as they live, work and play. For more, please visit www.adeia.com.

For Information Contact:
Investor Relations
Chris Chaney
IR@adeia.com

Media Relations
JoAnn Yamani
press@adeia.com

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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(Nasdaq: ADEA) has entered into a multi-year agreement with Amazon that covers Adeia's media intellectual property (IP) portfolio.</p> <p>\"Amazon plays an immense role in today's innovation society,\" said Paul E. Davis, Adeia's chief executive officer. \"We are pleased to include Amazon among our many distinguished customers.\"</p> <p>Adeia's advanced R&amp;D results in fundamental innovations that power their customers' next-generation products, delivering breakthroughs in digital experiences for consumer and enterprise applications. The company's IP shapes the way millions of people explore and experience entertainment and enhances billions of devices in an increasingly connected world.</p> <p><strong>About Adeia</strong></p> <p>Adeia is a leading R&amp;D and intellectual property (IP) licensing company that accelerates the adoption of innovative technologies in the media and semiconductor industries. Adeia's fundamental innovations underpin technology solutions that are shaping and elevating the future of digital entertainment and electronics. Adeia's IP portfolios power the connected devices that touch the lives of millions of people around the world every day as they live, work and play. For more, please visit www.adeia.com.</p> <p><strong>For Information Contact:</strong><br/>Investor Relations<br/>Chris Chaney<br/>IR@adeia.com</p> <p>Media Relations<br/>JoAnn Yamani<br/>press@adeia.com</p> <br/><img referrerpolicy=\"no-referrer-when-downgrade\" src=\"https://ml.globenewswire.com/media/ZDY2NWY0NWUtYzBlNy00MTc2LTk2ZGEtMzczZWU2NmNiMzEwLTEyNjIyNDM=/tiny/Adeia-Holdings-Inc-.png\"/></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2271345857.HKD","symbol_name":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","start_time":0,"source_url":"https://www.globenewswire.com/news-release/2024/12/03/2990636/0/en/Adeia-Enters-into-Multi-Year-IP-License-Agreement-with-Amazon.html","article_id":"2488917737","we_media_id":"1016364462","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488917737","pubTimestamp":1733232600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"GlobeNewswire","introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"summary":"SAN JOSE, Calif., Dec.  03, 2024   -- Adeia Inc.  has entered into a multi-year agreement with Amazon that covers Adeia's media intellectual property  portfolio. \"Amazon plays an immense role in today's innovation society,\" said Paul E. 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(Nasdaq: ADEA) has entered into a multi-year agreement with Amazon that covers Adeia's media intellectual property (IP) portfolio. \"Amazon plays an immense role in today's innovation society,\" said Paul E. Davis, Adeia's chief executive officer. \"We are pleased to include Amazon among our many distinguished customers.\" Adeia's advanced R&D results in fundamental innovations that power their customers' next-generation products, delivering breakthroughs in digital experiences for consumer and enterprise applications. The company's IP shapes the way millions of people explore and experience entertainment and enhances billions of devices in an increasingly connected world. About Adeia Adeia is a leading R&D and intellectual property (IP) licensing company that accelerates the adoption of innovative technologies in the media and semiconductor industries. Adeia's fundamental innovations underpin technology solutions that are shaping and elevating the future of digital entertainment and electronics. Adeia's IP portfolios power the connected devices that touch the lives of millions of people around the world every day as they live, work and play. For more, please visit www.adeia.com. For Information Contact:Investor RelationsChris ChaneyIR@adeia.com Media RelationsJoAnn Yamanipress@adeia.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0}}}