Adeia signs multi-year IP license deal with RPX for 10 members

Adeia Inc. (NASDAQ: ADEA) has entered into a multi-year license agreement with RPX Corporation, granting 10 of RPX's member companies access to Adeia's media intellectual property portfolio, according to a press release.

The licensed portfolio covers technologies related to intelligent search, content discovery, personalization, recommendations, virtual shopping experiences, social commerce, and consumer engagement across connected platforms. Adeia's media portfolio includes more than 10,500 patents and applications.

The agreement spans companies across the digital commerce ecosystem, including global apparel and beauty brands, online marketplaces, transportation and delivery networks, and enterprise technology platforms. The companies were not individually named in the announcement.

RPX structured the deal as a syndicated transaction, aggregating multiple licensees into a single agreement. Claus Melarti, Senior Vice President at RPX, said the approach "unlock efficiencies that allow operating companies to quickly resolve complex patent risks with reduced cost and transactional friction."

Dr. Mark Kokes, chief revenue officer at Adeia, said the participating companies reflect "the breadth, relevance and growing applicability of Adeia's media portfolio across the e-commerce ecosystem."

RPX, founded in 2008, provides patent risk management services to members across technology, financial services, automotive, and other sectors. Adeia is based in San Jose, California.

You May Also Be Interested In

• DTE Energy board director David Thomas to retire after 13 years
• Ardent Health revises 2025 non-GAAP figures after SEC staff talks
• XTEND AI ROBOTICS (XTND) files mixed shelf