Adeia Enters into Long-Term IP License Agreement with Altice USA
Rhea-AI Summary
Adeia (Nasdaq: ADEA) has entered into a long-term intellectual property (IP) license agreement with Altice USA's Optimum, one of the largest broadband and video service providers in the United States. The agreement covers Optimum's internet services, cable television, and OTT streaming platforms.
The deal resolves all outstanding litigation between the companies and enables Optimum to utilize Adeia's patented innovations in content discovery, search, and personalization technologies. Through this partnership, Optimum can offer advanced features such as content recommendations and voice search capabilities to enhance their customers' entertainment experience.
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Insights
Adeia secures valuable IP licensing deal with major provider Optimum, resolving litigation and strengthening recurring revenue streams.
Adeia has secured a long-term intellectual property licensing agreement with Optimum (Altice USA), one of the largest broadband and video service providers in the United States. This deal represents a significant win for Adeia's licensing business model, as it covers multiple service categories including internet services, cable television, and OTT streaming platforms.
The agreement delivers three key benefits for Adeia: (1) it establishes a recurring revenue stream from a major industry player; (2) it validates the market relevance of Adeia's innovation portfolio in content discovery, search and personalization; and (3) it resolves all outstanding litigation between the companies, reducing legal costs and business uncertainty.
What makes this deal particularly valuable is its comprehensive scope. By licensing technology across Optimum's full service portfolio, Adeia secures broader revenue potential than a single-service agreement would provide. The resolution of litigation also suggests Adeia's IP position was strong enough to bring Optimum to the negotiating table.
For context, Adeia's business model revolves around developing and licensing intellectual property rather than creating consumer products directly. This agreement reinforces the company's ability to monetize its innovation portfolio through partnerships with service providers, creating a potentially more stable revenue stream than direct consumer sales would offer.
SAN JOSE, Calif., Sept. 30, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose innovations shape the way the world explores and experiences entertainment, announced it has signed a long-term intellectual property (IP) license agreement with Altice USA, offering products and services nationwide as Optimum (“Optimum”), one of the largest broadband and video service providers in the United States. This agreement supports Optimum’s services, including internet services, as well as cable television and over-the-top (OTT) streaming platforms, ensuring subscribers enjoy advanced content discovery and navigation experiences. This agreement also resolves all of the outstanding litigation between the companies.
This agreement supports Optimum in delivering rich and user-friendly entertainment experiences supported by Adeia’s portfolio of patented innovations in content discovery, search and personalization.
Adeia’s extensive IP portfolio enables service providers like Optimum to offer cutting-edge features such as advanced content recommendations, voice search and personalized viewing experiences. This agreement ensures Optimum can continue to deliver high-quality, user-friendly entertainment options to its diverse customer base.
“Adeia’s media IP portfolio enables pay-TV providers to deliver a truly personalized media experience to consumers by continually advancing innovations that enhance the customer experience—including improvements in content discovery, search, and recommendations, among other areas,” said Dr. Mark Kokes, Adeia’s chief licensing officer, media. “This agreement highlights the ongoing value of our IP portfolio in enabling personalized and seamless media experiences for consumers across the country.”
About Adeia Inc.
Adeia is a leading R&D and intellectual property (IP) licensing company that accelerates the adoption of innovative technologies in the media and semiconductor industries. Adeia’s fundamental innovations underpin technology solutions that are shaping and elevating the future of digital entertainment and electronics. Adeia’s IP portfolios power the connected devices that touch the lives of millions of people around the world every day as they live, work and play. For more, please visit www.adeia.com.
About Optimum
Optimum is a brand of Altice USA (NYSE: ATUS), one of the largest broadband communications and video services providers in the United States, delivering broadband, video, mobile, proprietary content and advertising services to approximately 4.5 million residential and business customers across 21 states. The company operates Optimum Media, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. Altice USA also offers hyper-local through its News 12 Networks.
For Information Contact:
Investor Relations:
Chris Chaney
IR@adeia.com
Media Relations:
Director of Marketing
press@adeia.com
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