Adeia Inc.
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Adeia Inc. operates as a consumer and entertainment product licensing company, providing fundamental innovations in media and semiconductor technologies to the broader consumer electronics industry. Headquartered in San Jose, California, the company holds a portfolio of approximately 10,000 patents and patent applications worldwide. Adeia licenses its intellectual property to leading global media, consumer electronics, and semiconductor companies through two primary business segments: Pay-TV and Media Platform solutions, which enable personalized content discovery and advanced video delivery, and Semiconductor and Consumer Electronics solutions, which encompass memory, computing, and connected device technologies. The company's technologies are embedded in billions of devices worldwide, including smart TVs, set-top boxes, smartphones, and automotive systems. Adeia was formed in 2022 following the spin-off from Xperi Holding Corporation, separating the IP licensing business from the product-focused operations. The company generates revenue primarily through patent licensing agreements, typically involving upfront fees and ongoing royalties based on unit shipments or revenues from licensees. Key licensees include major television manufacturers, streaming platforms, and semiconductor producers. Adeia continues to expand its patent portfolio through internal research and development while actively managing its intellectual property rights through licensing negotiations and enforcement activities in global markets.