Adeia Enters into Multi-Year IP License Agreement with Amazon
December 03 2024 - 7:30AM
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 RelationsChris
ChaneyIR@adeia.com
Media RelationsJoAnn Yamanipress@adeia.com
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