Adeia Inc. (8OZ)

Overview

Adeia Inc., operational with its subsidiaries, is a pioneering firm in the field of media and semiconductor intellectual property licensing with a global footprint spanning the United States, Canada, Asia, Europe, and the Middle East. The essence of Adeia's business revolves around capitalizing on its portfolio of patents across an array of sectors. This strategy has cemented its presence in the competitive realms of both media distribution and semiconductor technology. Originally known as Xperi Corporation, the company underwent a name change in December 2019 to Adeia Inc., marking a new chapter in its evolution. Established in the same year, Adeia has its headquarters located in San Jose, California, positioning it at the heart of technological innovation.

Products and Services

Adeia Inc. diversifies its licensing operations across multiple sectors, utilizing its patents to service a wide range of industries:

• Multichannel Video Programming Distributors: This includes a comprehensive service for cable, satellite, and telecommunication TV providers, facilitating the aggregation and distribution of linear content across respective networks. Adeia also caters to TV providers leveraging broadband networks to stream linear content, offering them unparalleled access to its patented technologies.
• Over-The-Top Video Service Providers and Social Media Companies: Adeia extends its licensing to subscription video-on-demand and advertising-supported streaming services, alongside social media platforms that host user-generated content. This broad service range underscores the company's commitment to enhancing content distribution and consumption across digital platforms.
• Consumer Electronics Manufacturers: Adeia's patents are instrumental for manufacturers of a wide array of products, including but not limited to smart televisions, streaming media devices, video game consoles, mobile devices, content storage devices, and other connected media devices. This ensures that manufacturers can integrate cutting-edge technology into their offerings, stay competitive, and meet evolving consumer demands.
• Semiconductors: The company's intellectual property portfolio also serves the semiconductor industry, catering to providers of sensors, radio frequency components, memory, and logic devices. This segment of Adeia's services highlights its deep engagement with core technology providers and its role in pushing forward the boundaries of electronic innovation.