Adeia and NVIDIA Resolve Litigation
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SAN JOSE, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (“Adeia” or the “Company”), the company whose patented innovations enhance billions of devices, today announced that NVIDIA and Adeia have resolved the existing litigation between the companies on confidential terms.
“Having resolved these disputes, we are hopeful that this settlement will open the door for future technology collaborations with NVIDIA,” said Dana Escobar, chief licensing officer and general manager, semiconductor, at Adeia.
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.
Safe Harbor Statement
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For Information Contact:
Investor Relations
Chris Chaney
IR@adeia.com
Media Relations
Stephanie Stocker
Conveyor Marketing
marketing@adeia.com
