Articles from Adeia Inc.

SAN JOSE, Calif., March 26, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), a leader in developing innovative technology solutions, today announced the nomination of Sandeep Vij, co-founder and managing partner of Argean Capital, to stand for election to Adeia’s board of directors at its 2025 Annual Meeting of Shareholders (the “Annual Meeting”).

SAN JOSE, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose innovations shape the way the world explores and experiences entertainment, today announced a multi-year renewal of its intellectual property (IP) license agreement with SK Broadband, a leading Internet Protocol Television (IPTV) provider of high-quality media and telecommunications services in South Korea, for access to Adeia’s media portfolio.

Achieved record post-separation revenue and cash from operations in the fourth quarterSigned 10 deals in the fourth quarter and 32 during the yearPaid down $50 million of debt and repurchased $20 million of common stock in the fourth quarter

SAN JOSE, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the technology company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, today announced it has renewed its intellectual property (IP) license agreement with LG U+, one of South Korea's leading IPTV service providers. The multi-year license renewal extends LG U+'s access to Adeia's media portfolio for its products and services.

SAN JOSE, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose innovations shape the way the world explores and experiences entertainment, today announced that Fetch TV, an Australian digital entertainment platform, has renewed a multi-year agreement to license Adeia's media intellectual property (IP) portfolio.

Repricing further lowers interest rate by 50 basis points, reducing annual interest expense by approximately $2.4 million

SAN JOSE, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), today announced it has renewed its intellectual property (IP) license agreement with Roku, the #1 TV streaming platform in the U.S. The multi-year renewal extends Roku’s access to Adeia’s media IP portfolio for its products and services.

SAN JOSE, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) will announce its financial results for the fourth quarter ended December 31, 2024, on Tuesday, February 18, 2025, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day.

SAN JOSE, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- 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.

Longstanding Partnership Continues with Multi-Year Deal

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.

 Signed 7 deals across multiple verticals in the third quarterBoard increased share repurchase authorization up to $200 millionFiled patent infringement litigation against DisneySigned a new multi-year e-commerce license agreement with a leading luxury retailer

SAN JOSE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the “Company” or “Adeia”) announced today that it has filed multiple patent infringement lawsuits in the United States and Europe against The Walt Disney Company and certain of its subsidiaries, including Hulu and ESPN. The Company filed one lawsuit in the U.S. District Court for the District of Delaware and three lawsuits in Europe, including two in the Unified Patent Court and one in Germany.

SAN JOSE, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) will announce its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day.

SAN JOSE, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, today announced it has renewed its intellectual property (IP) license agreement with leading TV seller VIZIO. Under the terms of the agreement, the multi-year license renewal extends VIZIO’s access to Adeia’s media IP portfolio for its products and services.

SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), a leader in invention of semiconductor technology, announced that several of its semiconductor technologists will present at various upcoming industry conferences. The presentations will focus on Adeia’s hybrid bonding technology, a key enabler for next-generation high-performance computing and AI applications.

Adeia Inventors Propose Innovative "Fast Lane" Approach to Reduce Lag and Buffering

Innovative AI and RF-based solutions address revenue leakage and cybersecurity concerns for broadband providers

Longstanding Partnership Continues with Multi-Year Deal

Adeia Commemorates the Gifted Inventor’s 600th issued U.S. Patent

Favorable Rulings on Key Legal Issues

 Repriced term loan for annual interest expense savings of approximately $3 millionGenerated over $90 million in cash from operations in the first half of 2024

SAN JOSE, Calif., July 15, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) will announce its financial results for the second quarter ended June 30, 2024, on Tuesday, August 6, 2024, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day.

Adeia Inc. (Nasdaq: ADEA), a leading research and development and intellectual property licensing company known for bringing innovations in the semiconductor and media technology sectors to market, was awarded Best Session Paper at the 2024 Electronic Components and Technology Conference (ECTC) held in Denver, Colorado on May 28-31, 2024.

SAN JOSE, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (“Adeia” or “Company”), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK), a global leader in converged broadband, video and mobile communications, has agreed to a long-term renewal agreement for Adeia’s media intellectual property (IP) portfolio.

SAN JOSE, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, has entered into a multi-year license agreement with X Corp., the owner of the social media platform formerly known as Twitter. The agreement also resolves all of the outstanding litigation between the companies.

SAN JOSE, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Adeia Inc. (Nasdaq: ADEA), a leading R&D and intellectual property (IP) licensing company known for bringing leading innovations in the semiconductor and media/entertainment technology sectors to market, announced recent developments in hybrid bonding a technology targeted toward the future of semiconductor packaging enabling high-performance computing capabilities, like those required for AI.

Reduces annual interest expense by approximately $3.4 millionReduces excess cash flow payment thresholds and increases financial flexibility

SAN JOSE, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Mitsubishi Electric, the Japanese multinational electronic and electrical equipment manufacturing company, has agreed to renew its license for access to Adeia's media intellectual property (IP) portfolio.

SAN JOSE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Panasonic Entertainment & Communication Co., Ltd. (“Panasonic”), a global provider of services and products, has agreed to a multi-year renewal of its license for Adeia's media intellectual property (IP) portfolio.

Paid down $40 million of debt in the first quarter and nearly $200 million since separation

SAN JOSE, Calif., May 03, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company known for its innovations in entertainment experiences, announced that the company was honored by Interactive TV Today (ITVT) with an award for Leadership in Interactive and Multiplatform Television in the category of “Achievement in Shoppable TV.” Adeia’s “Clickable Video” invention was recognized alongside other category winners, including Comcast, DIRECTV, LG and Spectrum, during the TV of Tomorrow (TVOT) Show in San Francisco, which just celebrated its 20th anniversary.

SAN JOSE, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, has entered into an agreement with Astound Broadband, a leading provider of digital TV, high-speed internet and phone services for residential and business customers across the United States, to license Adeia’s media intellectual property (IP) portfolio.

SAN JOSE, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), a company known for its groundbreaking innovations in entertainment experiences, has announced today that Altimedia, a provider of solutions for managing advanced media services, has signed a multi-year license renewal for access to Adeia’s media intellectual property (IP) portfolio.

SAN JOSE, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) ("Adeia" or the "Company"), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced Magenta Telekom, a leading provider of Internet, mobile communications, entertainment and business solutions, has entered into an agreement to license Adeia’s media intellectual property (IP) portfolio.

SAN JOSE, Calif., April 15, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) will announce its financial results for the first quarter ended March 31, 2024, on Monday, May 6, 2024, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day.

SAN JOSE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Paramount has renewed a multi-year license agreement for Adeia’s media intellectual property (IP) portfolio.

Signed 8 deals in the fourth quarter and 32 in 2023 across both media and semiconductor

SANTA CLARA, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations enhance billions of devices, today announced that it is showcasing its hybrid bonding technology at the Chiplet Summit on February 6 through 8, 2024, at the Santa Clara Convention Center.

SAN JOSE, Calif., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the "Company"), will announce its financial results for the fourth quarter and full year ended December 31, 2023, on Tuesday, February 20, 2024, following the close of market. The Company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day.

SAN JOSE, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Funai Electric Co., Ltd., a global electronics manufacturer of connected TVs (CTV), Blu-ray and DVD players and recorders as well as related devices, has agreed to renew its license for Adeia’s media intellectual property (IP) portfolio.

SAN JOSE, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that Joseph Guiliano was appointed as Adeia’s chief intellectual property (IP) officer, after serving as outside legal counsel for Adeia’s IP portfolio since 1995.

SAN JOSE, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that Paul E. Davis, chief executive officer, and Keith Jones, chief financial officer, will participate in the Wells Fargo 7th Annual TMT Summit in Rancho Palos Verdes, CA on Tuesday, November 28, 2023. The “fireside chat” will begin at approximately 4:30pm ET and will be available as a webcast on the Investor Relations section of Adeia’s website at Events & Presentations | Adeia Inc. and at the link below. A replay will be available for 90 days following the event.

Closed important renewals with consumer electronics and OTT customers Strong financial results highlighted by over $100 million in revenue

SAN JOSE, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that veteran intellectual property (IP) attorney and advisor, Phyllis Turner-Brim, joined Adeia’s board of directors on Friday, November 3, 2023.

SAN JOSE, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that Paul E. Davis, chief executive officer, and Keith Jones, chief financial officer, will participate in the Stephens Annual Investor Conference in Nashville, TN on Thursday, November 16, 2023. The “fireside chat” will begin at approximately 9:00am ET and will be available as a webcast on the Investor Relations section of Adeia’s website at Events & Presentations | Adeia Inc. and at the link below. A replay will be available for 90 days following the event.

SAN JOSE, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) has been recognized on Newsweek’s inaugural list of the World’s Most Trustworthy Companies 2023. This prestigious recognition is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The list was announced on September 6th, 2023, and can currently be viewed on Newsweek’s website. Earlier this year, Adeia was also recognized as one of America’s Most Trustworthy Companies in 2023 by the same organizations.

SAN JOSE, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the "Company"), will announce its financial results for the third quarter ended September 30, 2023, on Monday, November 6, 2023, following the close of market. The Company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day.

SAN JOSE, Calif., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Samsung Electronics Co., Ltd., a global leader in the electronics industry, entered into a long-term agreement at the end of the third quarter, renewing its license to Adeia's media intellectual property (IP) portfolio for its mobile devices and related offerings.

SAN JOSE, Calif., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (“Adeia”), the company whose patented innovations shape the way the world explores and experiences entertainment, announced today that certain Adeia companies have filed a federal breach-of-contract lawsuit against Canada-based Shaw Cablesystems G.P. and Shaw Satellite G.P. (together, “Shaw”), in the Southern District of New York.

Achieved over $200 million of revenue for first half of 2023Closed nine deals in the quarterPaid down $114 million of debt since separation

SAN JOSE, Calif., July 17, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the "Company"), will announce its financial results for the second quarter ended June 30, 2023, on Monday, August 7, 2023, following the close of market. The Company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day.