Adeia Enters into Long-Term IP License Renewal with Samsung Electronics for Smart TVs

January 5, 2023

https://www.globenewswire.com/news-release/2023/01/05/2583724/0/en/Adeia-Enters-into-Long-Term-IP-License-Renewal-with-Samsung-Electronics-for-Smart-TVs.html

SAN JOSE, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) — Adeia Inc. (Nasdaq:ADEA) (“Adeia” or the “Company”), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Samsung Electronics Co., Ltd., a global leader in the electronics industry, entered into a long-term agreement at the end of last year, renewing its license to Adeia’s media intellectual property (IP) portfolio for Samsung’s Smart TVs and related offerings.

Read more at globenewswire.com

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