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Adeia Enters into Long-Term IP License Agreement with Altice USA
Globenewswireยท 2025-09-30 20:05
Core Insights - Adeia Inc. has signed a long-term intellectual property license agreement with Altice USA, enhancing Optimum's service offerings in broadband and video [1][2] - The agreement resolves all outstanding litigation between Adeia and Altice USA, indicating a positive shift in their business relationship [1] Group 1: Agreement Details - The agreement allows Optimum to utilize Adeia's patented innovations in content discovery, search, and personalization, improving user experience [2][3] - Adeia's IP portfolio enables Optimum to provide advanced features such as content recommendations and voice search, ensuring high-quality entertainment options for its customers [3][4] Group 2: Company Background - Adeia is a leading R&D and IP licensing company that focuses on innovative technologies in the media and semiconductor industries, impacting digital entertainment and electronics [5] - Optimum, a brand of Altice USA, serves approximately 4.5 million customers across 21 states, providing broadband, video, and advertising services [6]