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

Group 1 - Adeia Inc. has renewed its intellectual property license agreement with LG U+, a leading IPTV service provider in South Korea, extending access to Adeia's media portfolio for multiple years [1][2] - The renewal emphasizes the significance of Adeia's media portfolio in the growing IPTV market, highlighting the ongoing partnership between Adeia and LG U+ [2] - Adeia is recognized as a key player in enabling innovative media technologies within one of the world's most advanced entertainment markets [2] Group 2 - Adeia is a prominent technology R&D and IP licensing company that promotes the adoption of innovative technologies in the media and semiconductor sectors [3] - The company's innovations are foundational to technology solutions that are shaping the future of digital entertainment and electronics [3] - Adeia's IP portfolios support connected devices that impact millions of lives globally [3]