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Stock impact report

Adeia Enters into Multi-Year IP License Renewal with LG U+

Adeia Inc. (ADEA) 
Company Research Source: GlobeNewswire
SAN JOSE, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the technology company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, today announced it has renewed its intellectual property (IP) license agreement with LG U+, one of South Korea's leading IPTV service providers. The multi-year license renewal extends LG U+'s access to Adeia's media portfolio for its products and services. "LG U+ represents a significant presence in South Korea's robust and expanding digital entertainment landscape," said Dr. Mark Kokes, Adeia's chief licensing officer and general manager, media. "This renewal underscores the continued importance and relevance of our media portfolio in the dynamic IPTV market." The renewed agreement highlights the ongoing partnership between Adeia and LG U+, further solidifying Adeia's role as a critical enabler of innovative media technologies in one of the world's most advan Show less Read more
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