Adeia Enters into Multi-Year IP License Renewal with VIZIO
Adeia Inc. (Nasdaq: ADEA) has renewed its intellectual property (IP) license agreement with VIZIO, a leading TV seller. The multi-year renewal extends VIZIO's access to Adeia's media IP portfolio for its products and services. Mark Kokes, Adeia's chief licensing officer and general manager of media, expressed excitement about the renewal, highlighting VIZIO's leadership in the digital entertainment space and the continued value of Adeia's technology.
Adeia is a prominent R&D and IP licensing company that accelerates the adoption of innovative technologies in the media and semiconductor industries. The company's fundamental innovations underpin technology solutions shaping the future of digital entertainment and electronics, powering connected devices used by millions of people worldwide.
Adeia Inc. (Nasdaq: ADEA) ha rinnovato il suo accordo di licenza per la proprietà intellettuale (IP) con VIZIO, un importante venditore di TV. Il rinnovo multi-annuale estende l'accesso di VIZIO al portafoglio IP media di Adeia per i suoi prodotti e servizi. Mark Kokes, responsabile delle licenze e direttore generale dei media di Adeia, ha espresso entusiasmo per il rinnovo, sottolineando la leadership di VIZIO nel settore dell'intrattenimento digitale e il valore continuo della tecnologia di Adeia.
Adeia è una rinomata azienda di R&D e licenze IP che accelera l'adozione di tecnologie innovative nei settori dei media e dei semiconduttori. Le innovazioni fondamentali dell'azienda sostengono soluzioni tecnologiche che stanno plasmando il futuro dell'intrattenimento digitale e dell'elettronica, alimentando dispositivi connessi utilizzati da milioni di persone in tutto il mondo.
Adeia Inc. (Nasdaq: ADEA) ha renovado su acuerdo de licencia de propiedad intelectual (IP) con VIZIO, un líder en la venta de televisores. La renovación por varios años amplía el acceso de VIZIO al portafolio de IP de medios de Adeia para sus productos y servicios. Mark Kokes, director de licencias y gerente general de medios de Adeia, manifestó su entusiasmo por la renovación, destacando el liderazgo de VIZIO en el espacio de entretenimiento digital y el valor continuo de la tecnología de Adeia.
Adeia es una empresa destacada en I+D y licencias de IP que acelera la adopción de tecnologías innovadoras en las industrias de medios y semiconductores. Las innovaciones fundamentales de la empresa sustentan soluciones tecnológicas que están dando forma al futuro del entretenimiento digital y la electrónica, alimentando dispositivos conectados utilizados por millones de personas en todo el mundo.
Adeia Inc. (Nasdaq: ADEA)는 주요 TV 판매업체인 VIZIO와의 지적 재산권(IP) 라이선스 계약을 갱신했습니다. 이 다년 갱신은 VIZIO가 Adeia의 미디어 IP 포트폴리오에 대한 접근을 확대하여 제품과 서비스에 활용할 수 있게 합니다. Mark Kokes, Adeia의 라이센스 책임자이자 미디어 총괄 관리자, 는 갱신에 대한 기대감을 표명하며 VIZIO의 디지털 엔터테인먼트 분야의 리더십과 Adeia 기술의 지속적인 가치를 강조했습니다.
Adeia는 미디어 및 반도체 산업에서 혁신적인 기술의 채택을 가속하는 저명한 R&D 및 IP 라이센스 회사입니다. 이 회사의 기본 혁신은 디지털 엔터테인먼트와 전자 기기의 미래를 형성하는 기술 솔루션을 뒷받침하며, 전 세계 수백만 명이 사용하는 연결된 장치를 구동합니다.
Adeia Inc. (Nasdaq: ADEA) a renouvelé son accord de licence de propriété intellectuelle (PI) avec VIZIO, un leader de la vente de téléviseurs. Le renouvellement pluriannuel prolonge l'accès de VIZIO au portefeuille de PI médiatique d'Adeia pour ses produits et services. Mark Kokes, directeur des licences et directeur général des médias chez Adeia, a exprimé son enthousiasme pour ce renouvellement, soulignant le leadership de VIZIO dans le domaine de l'amusement numérique et la valeur continue de la technologie d'Adeia.
Adeia est une entreprise de R&D et de licences de PI de premier plan qui accélère l'adoption de technologies novatrices dans les secteurs des médias et des semi-conducteurs. Les innovations fondamentales de l'entreprise sont à la base des solutions technologiques qui façonnent l'avenir de l'amusement numérique et de l'électronique, alimentant des appareils connectés utilisés par des millions de personnes dans le monde entier.
Adeia Inc. (Nasdaq: ADEA) hat seine Lizenzvereinbarung für geistiges Eigentum (IP) mit VIZIO, einem führenden TV-Verkäufer, erneuert. Die mehrjährige Verlängerung gibt VIZIO Zugang zum IP-Portfolio von Adeia für dessen Produkte und Dienstleistungen. Mark Kokes, der Chief Licensing Officer und General Manager für Medien bei Adeia, äußerte seine Freude über die Verlängerung und hob die führende Rolle von VIZIO im digitalen Unterhaltungsbereich sowie den anhaltenden Wert der Technologie von Adeia hervor.
Adeia ist ein führendes Unternehmen in Forschung und Entwicklung sowie in der Lizenzierung von IP, das die Einführung innovativer Technologien in den Bereichen Medien und Halbleiter beschleunigt. Die grundlegenden Innovationen des Unternehmens bilden die Grundlage für technische Lösungen, die die Zukunft der digitalen Unterhaltung und Elektronik prägen und verbundene Geräte antreiben, die von Millionen von Menschen weltweit genutzt werden.
- Renewed multi-year IP license agreement with leading TV seller VIZIO
- Continued access to Adeia's media IP portfolio for VIZIO's products and services
- Demonstrates ongoing value and relevance of Adeia's technology in the digital entertainment space
- None.
Insights
The renewal of Adeia's IP license agreement with VIZIO is a positive development for the company. As a leading R&D and IP licensing firm, Adeia's revenue stream heavily depends on such agreements. The multi-year nature of this renewal provides stable, recurring revenue and validates the ongoing relevance of Adeia's technology portfolio in the digital entertainment space.
While specific financial terms weren't disclosed, these types of agreements typically involve royalty payments or fixed fees, which could significantly impact Adeia's top line. The renewal also strengthens Adeia's market position, potentially attracting other licensees and enhancing its negotiating power for future deals.
For investors, this news signals continued business stability and growth potential in Adeia's core IP licensing model. However, the true impact on the company's financials will only be clear in subsequent earnings reports.
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.
"We are excited to enter into this renewal with VIZIO, a leader in the digital entertainment space," said Mark Kokes, Adeia’s chief licensing officer and general manager, media. “This agreement demonstrates the continued value and relevance of our technology.”
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 Relations:
Chris Chaney
IR@adeia.com
Media Relations:
JoAnn Yamani
press@adeia.com
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