Adeia Technologies Inc., often referred to as Adeia, is a publicly traded intellectual property (IP) licensing company headquartered in San Jose, California. Traded on Nasdaq under the ticker ADEA, the company was formed on October 1, 2022, as a spin-off from Xperi Holding Corporation, with its foundational roots extending over 30 years through predecessor entities such as Tessera, Rovi, and TiVo. As of May 23, 2026, Adeia has a market capitalization of approximately $2.97 billion and employs around 150 full-time staff. The company reported revenue of $376 million in 2024 and an outlook of $395 million to $435 million for 2026.
Adeia operates as a pure-play IP licensing entity, focusing on inventing, developing, acquiring, and monetizing patent rights rather than manufacturing products. Its extensive portfolio, comprising approximately 12,250 patents and applications globally, spans two primary areas: semiconductors and media entertainment. In semiconductors, their technologies cover advanced packaging, hybrid bonding, memory, imaging, and display. In media, they license innovations related to content discovery, recommendation, digital video, advertising, and user interfaces for consumer electronics and streaming platforms. Adeia licenses these foundational technologies to large enterprises such as semiconductor manufacturers, consumer-electronics companies, video platforms, and pay-TV operators worldwide.
Adeia Technologies Inc. exhibits a patent assertion entity (PAE) litigation posture, with all two of its tracked cases appearing as a plaintiff and zero as a defendant. The company's strategy involves generating high-margin, recurring licensing revenue and engaging in "selective enforcement when negotiations stall." All tracked cases are filed in the U.S. District Court for the District of Delaware, a venue frequently utilized for patent litigation.
Notable cases include Adeia Media Holdings LLC et al. v. BAMTech, LLC et al. and Adeia Technologies Inc. et al. v. The Walt Disney Company et al., both filed on November 7, 2024. These lawsuits allege infringement of nine patents from Adeia's media IP portfolio by Disney's streaming services, including Disney+, ESPN+, Hulu, and Hulu Live, relating to media streaming and content delivery technology. Additionally, Adeia filed patent infringement lawsuits against Advanced Micro Devices Inc. (AMD) in the U.S. District Court for the Western District of Texas in November 2025, asserting ten patents related to semiconductor packaging and manufacturing, particularly hybrid bonding. This dispute was subsequently resolved through a multi-year license agreement in March 2026.