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Adeia Signs IP License Renewal With Altimedia
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Adeia Signs IP License Renewal With Altimedia
Apr 23, 2024 7:10 AM

09:57 AM EDT, 04/23/2024 (MT Newswires) -- Adeia ( ADEA ) said Tuesday that Altimedia signed a multi-year license renewal to access the company's media intellectual property portfolio.

Altimedia, a provider of advanced media service solutions, offers a user experience platform to pay-TV and digital media service providers in Korea.

Financial details were not disclosed.

Shares of Adeia ( ADEA ) were up 2% in recent Tuesday trading.

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