Adeia Enters into Multi-Year IP License Renewal with TCL

Adeia Inc. (Nasdaq: ADEA), the technology company pioneering foundational innovations that shape how the world computes, connects and experiences entertainment, today announced that TCL Electronics Holdings Limited ("TCL"), a global leader in consumer electronics and one of the world's largest television manufacturers headquartered in Shenzhen, China, has entered into a multi-year license renewal with Adeia for access to its media intellectual property (IP) portfolio.

This renewal underscores the strength of Adeia's licensing relationships with leading consumer electronics manufacturers globally as they navigate an evolving media technology landscape.

“We're pleased to continue our relationship with TCL,” said Dr. Mark Kokes, chief revenue officer of Adeia. “This renewal reflects the continued relevance of our media portfolio as smart TVs become increasingly important platforms for streaming, content discovery, personalization, advertising and connected consumer experiences.”

Adeia continues to invest in and expand its media IP portfolio, which has been developed through decades of research and development. This growing portfolio underpins content discovery, personalization, and streaming capabilities for consumer electronics manufacturers worldwide.

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