Adeia and Google Renew Multi-Year IP License Agreement

Adeia Inc. (Nasdaq: ADEA), the technology company known for developing foundational innovations that enable next-generation solutions for the semiconductor and media industries, today announced that it has entered into a new multi-year intellectual property (IP) license agreement with Google. The renewal provides Google, a customer since 2012, with broad access to Adeia’s media IP portfolio.

“This renewed agreement with Google underscores the strength, relevance, and durability of Adeia’s media IP portfolio,” said Dr. Mark Kokes, chief revenue officer of Adeia. “Google is a global technology leader. We are pleased to extend our long-standing relationship and support Google’s ability to deliver seamless, next-generation user experiences.”

Adeia’s media IP portfolio has been developed through decades of research and development and is broadly licensed across the global media and entertainment ecosystem. The company’s innovations are embedded in billions of devices worldwide, enabling advanced functionality across streaming, connected TV, and digital entertainment platforms.