DealsMay 12, 2026, 08:06 AM
Adeia Renews Multi-Year IP License Agreement with Google
AI Summary
Adeia Inc. announced a new multi-year intellectual property (IP) license agreement with Google, renewing a long-standing relationship that began in 2012. This agreement grants Google broad access to Adeia's extensive media IP portfolio. The company highlighted that the renewal underscores the strength and relevance of its IP, which is developed through decades of research and development and is embedded in billions of devices worldwide.
Key Highlights
- Adeia Inc. entered a new multi-year intellectual property (IP) license agreement with Google.
- The agreement is a renewal, extending Google's customer relationship with Adeia since 2012.
- Google gains broad access to Adeia's media IP portfolio through the renewed license.
- Adeia's media IP portfolio is a result of decades of research and development.
- Adeia's innovations are embedded in billions of devices globally, enabling advanced functionality.
Price Impact
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