Adeia Enters into Multi-Year IP License Agreement with Canon
December 19 2024 - 7:30AM
Adeia Inc. (Nasdaq: ADEA), a technology company with innovative
contributions to digital imaging, has entered into a multi-year
intellectual property (IP) license agreement with Canon, a global
leader in the digital imaging industry, providing access to Adeia’s
media portfolio.
This agreement marks another important milestone in Adeia’s
collaboration with leading companies in the consumer electronics
market. It reflects the growing importance of innovations in the
dynamic field of camera technology, where artificial intelligence,
advanced sensors and computational photography are transforming how
users capture and share their experiences.
"Canon, a global leader in camera technology and digital
imaging, holds the largest market share in the digital camera
industry," said Dr. Mark Kokes, Adeia's chief licensing officer and
general manager, media. "This agreement highlights the role of
Adeia’s innovative technologies in advancing photography and
consumer electronics, underscoring the value of our expanding
portfolio in a rapidly evolving field."
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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