Adeia Renews Media IP License Agreement with Funai

SAN JOSE, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Funai Electric Co., Ltd., a global electronics manufacturer of connected TVs (CTV), Blu-ray and DVD players and recorders as well as related devices, has agreed to renew its license for Adeia’s media intellectual property (IP) portfolio. As Funai pursues its stated mission to produce consumer electronics that enhance the daily lives of customers around the world through simple and engaging products, it is also leveraging the latest digital innovations to expand access to compelling digital

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