Adeia is an intellectual property licensing company that monetizes a portfolio of approximately 13,750 media and semiconductor patents across the entertainment, consumer electronics, and semiconductor industries. The company generates recurring annual licensing revenue from leading global companies including multichannel video programming distributors, over-the-top streaming services, consumer electronics manufacturers, social media platforms, and semiconductor chip producers, with fees typically structured as monthly per-subscriber charges, fixed periodic payments, or unit-based arrangements. Adeia's media innovations span user guidance, content discovery, personalized recommendations, and computer vision across linear television, streaming services, and adjacent markets including automotive and gaming, while its semiconductor technologies focus on fundamental innovations for next-generation chips, including hybrid bonding, advanced packaging, and thermal management solutions.