Adeia Signs Agreement With Walt Disney For Access To Adeia's Media Intellectual Property Portfolio

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 it has entered into a long-term agreement with The Walt Disney Company for access to Adeia's comprehensive media intellectual property (IP) portfolio. The agreement also resolves all outstanding litigation between the companies and includes a long-term license that covers all of Disney's products and services that were the subject of the litigation.