Adeia Inc. (ADEA)
Adeia Inc. operates in the Software - Application industry of the Technology sector, headquartered in San Jose, CA, US. The stock last traded at $26.13, down 3.69% on the session, giving a market capitalisation of $2.88B. On trailing twelve-month figures it carries a trailing P/E of 23.11, a net margin of 26.1%. Its beta of 0.97 implies it has historically moved less than the broad market.
Adeia Inc. is an international enterprise focused on intellectual property licensing within the consumer and entertainment sectors. Operating globally, the company licenses its proprietary innovations, marketed under the Adeia brand, to various entities across the entertainment landscape. Its extensive patent portfolio is adopted by a wide range of partners, including: Multichannel video programming distributors (MVPDs): This encompasses traditional cable, satellite, and telecommunications television providers that distribute linear content over networks, as well as those delivering aggregated and streamed linear content via broadband. Over-the-top (OTT) and new media companies: Such as subscription video-on-demand (SVOD) services, social networking platforms, and other emerging digital media providers. Consumer electronics manufacturers: For devices like smart televisions, streaming media players, video game consoles, mobile devices, digital video recorders (DVRs), and other internet-connected media equipment. Semiconductor companies: Covering components like sensors, radio frequency (RF) elements, memory, and logic devices. Adeia Inc. was established in 2019 and is headquartered in San Jose, California.
Adeia Inc. is most often compared with the following Technology names: