RPX Enters into Multi-Year IP License Agreement with Adeia
Agreement provides select RPX members access to Adeia's media IP portfolio to support intelligent e-commerce experiences
Under the agreement, RPX has secured rights for 10 participating member companies to access Adeia's media intellectual property portfolio, including technologies supporting intelligent search, content discovery, personalization, recommendations, virtual shopping experiences, social commerce and consumer engagement across connected platforms.
The agreement covers a broad consortium of market leaders across the digital commerce ecosystem, including major global apparel and beauty brands, online marketplaces, localized transportation and delivery networks, and enterprise technology platforms.
"We are pleased to have concluded a deal with Adeia that enables us to offer our participating members a pragmatic patent solution consistent with the unique value proposition of our typical RPX Syndicated Transactions. By aggregating licensees as part of a single RPX transaction, our syndicated group deals unlock efficiencies that allow operating companies to quickly resolve complex patent risks with reduced cost and transactional friction. We remain committed to delivering value to our members through efficient license arrangements with the full spectrum of patent owners, ranging from individual inventors to operating companies, patent pools, universities, and sophisticated publicly traded IP licensing corporations like Adeia," said
"E-commerce today is increasingly driven by intelligent discovery, personalization and consumer engagement," said Dr.
About RPX
Founded in 2008, RPX provides an innovative service that efficiently resolves patent related disputes for the benefit of its members, which include leading global companies across technology, financial services, automotive, and other sectors. RPX's Empower platform leverages the company's extensive data assets to help subscribing operating companies, law firms, and patent consultancies manage patent portfolios, patent licensing, and litigation strategy, as well as stay on top of market trends. RPX's holistic suite of patent risk solutions is the key to managing increasingly frequent and disruptive patent disputes in a technologically enabled economy.
About Adeia
Adeia is a leading R&D and intellectual property 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, electronics and connected consumer experiences. Adeia's IP portfolios power the connected devices and digital services 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.
RPX Media Relations:
[email protected]
Adeia Media Relations:
[email protected]
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SOURCE RPX Corporation
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