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Stock impact report

Adeia Enters into Multi-year IP License Renewal with Altimedia

Adeia Inc. (ADEA) 
Company Research Source: GlobeNewswire
SAN JOSE, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), a company known for its groundbreaking innovations in entertainment experiences, has announced today that Altimedia, a provider of solutions for managing advanced media services, has signed a multi-year license renewal for access to Adeia’s media intellectual property (IP) portfolio. Altimedia offers a user experience (UX) platform to pay-TV and digital media service providers in the Korean market. Their platform empowers these providers with cutting-edge technology that enables consumers to navigate various services or applications and access the content they seek. Altimedia is recognized as a leading IPTV-based platform and UX service management provider that delivers the latest advancements in content search and recommendation. “The user interface plays a critical role in meeting the expectations of sophisticated customers in the Korean market served by Altimedia,” said Dr. Mark Kokes, Adeia's chief Show less Read more
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