Adeia and Sharp Renew Multi-Year IP License Agreement
Adeia Inc. (Nasdaq: ADEA) announced the renewal of a multi-year worldwide license agreement with Sharp for Adeia's media intellectual property portfolio. The agreement extends a longstanding 25-plus year partnership between the two companies. Sharp, recognized as a global leader in consumer electronics and display technologies, will continue to utilize Adeia's media IP portfolio for its smart TVs and consumer electronics products.
Adeia Inc. (Nasdaq: ADEA) ha annunciato il rinnovo di un accordo di licenza mondiale pluriennale con Sharp per il portfolio di proprietà intellettuale media di Adeia. L'accordo estende una collaborazione di oltre 25 anni tra le due aziende. Sharp, riconosciuta come leader globale nelle tecnologie elettroniche di consumo e di visualizzazione, continuerà a utilizzare il portfolio di proprietà intellettuale media di Adeia per i suoi smart TV e prodotti elettronici di consumo.
Adeia Inc. (Nasdaq: ADEA) anunció la renovación de un acuerdo de licencia mundial por varios años con Sharp para el portafolio de propiedad intelectual de medios de Adeia. El acuerdo extiende una asociación de más de 25 años entre ambas compañías. Sharp, reconocida como líder global en electrónica de consumo y tecnologías de pantalla, continuará utilizando el portafolio de propiedad intelectual de medios de Adeia para sus televisores inteligentes y productos electrónicos de consumo.
Adeia Inc. (Nasdaq: ADEA)는 Sharp와의 Adeia의 미디어 지적 재산 포트폴리오에 대한 다년간의 전 세계 라이선스 계약 갱신을 발표했습니다. 이 계약은 두 회사 간의 25년 이상 지속된 파트너십을 확장합니다. 소비자 전자제품 및 디스플레이 기술에서 글로벌 리더로 인정받는 Sharp는 Adeia의 미디어 IP 포트폴리오를 스마트 TV 및 소비자 전자제품에 계속 활용할 것입니다.
Adeia Inc. (Nasdaq: ADEA) a annoncé le renouvellement d'un contrat de licence mondial pluriannuel avec Sharp pour le portefeuille de propriété intellectuelle média d'Adeia. Cet accord prolonge un partenariat de plus de 25 ans entre les deux entreprises. Sharp, reconnue comme un leader mondial de l'électronique grand public et des technologies d'affichage, continuera d'utiliser le portefeuille de propriété intellectuelle média d'Adeia pour ses téléviseurs intelligents et ses produits électroniques grand public.
Adeia Inc. (Nasdaq: ADEA) gab die Verlängerung eines mehrjährigen weltweiten Lizenzvertrags mit Sharp für das Medien-Portfoliounternehmen von Adeia bekannt. Der Vertrag verlängert eine über 25-jährige Partnerschaft zwischen den beiden Unternehmen. Sharp, das als globaler Marktführer in der Unterhaltungselektronik und Display-Technologien anerkannt ist, wird weiterhin das Medien-IP-Portfolio von Adeia für seine Smart-TVs und Produkte der Unterhaltungselektronik nutzen.
- Secured multi-year IP license renewal with major consumer electronics manufacturer Sharp
- Maintains stable revenue stream through continuation of 25+ year licensing partnership
- None.
Insights
The renewal of the multi-year IP license agreement between Adeia and Sharp represents significant recurring revenue stability for Adeia's business model. With a market cap of
The deal reinforces Adeia's strong market position in media technology IP and demonstrates the ongoing value of their patent portfolio in the evolving smart TV and consumer electronics landscape. The longevity of the relationship with Sharp also suggests the continued relevance and necessity of Adeia's IP for modern display technologies.
The renewal highlights the enduring value of Adeia's media IP portfolio in modern consumer electronics. Sharp's continued commitment after 25 years indicates that Adeia's patents remain essential for current smart TV technologies and digital media implementations. This is particularly noteworthy in an industry where technological obsolescence is common.
The agreement's scope covering worldwide licensing suggests Sharp sees ongoing utility in Adeia's IP across their global product lines. For a company known for high-end display technologies, maintaining access to fundamental media patents is important for product development and market competitiveness. This renewal also validates Adeia's R&D investments and their ability to maintain a relevant patent portfolio despite rapid technological changes in the consumer electronics sector.
Longstanding Partnership Continues with Multi-Year Deal
SAN JOSE, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Sharp Corporation, a global smart TV and consumer electronics manufacturer, has agreed to renew a multi-year worldwide license for Adeia's media intellectual property (IP) portfolio. This multi-year agreement extends the longstanding relationship between the two companies, encompassing Adeia's expansive media IP portfolio.
"We are pleased to continue our 25-plus year partnership with Sharp, which, for decades, has been a global leader in consumer electronics. Sharp is a global brand that has maintained a strong reputation as a leader in entertainment technology. The company is well known for its expertise in display technologies, offering a range of smart TVs and consumer electronics that deliver high-quality experiences to consumers worldwide," said Dr. Mark Kokes, Adeia's chief licensing officer and general manager, media.
About Adeia
Adeia is a leading R&D and technology 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 Relations
Chris Chaney
IR@adeia.com
Media Relations
JoAnn Yamani
press@adeia.com
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