Adeia, a publicly owned company founded in 2022, is headquartered in the US and employs approximately 100 people. Its primary business is the research, development, and licensing of intellectual property (IP) related to media technology. This IP is used in the development of connected devices, including televisions and smartphones. In 2024, the company's revenue was less than $500 million.
On March 26, 2025, Adeia Inc. announced the nomination of Sandeep Vij to its board of directors. The nomination will be presented at the 2025 Annual Meeting of Shareholders. Charles Schwab Investment Management Inc. increased its holdings in Adeia Inc. by 3.2% during the fourth quarter, as reported in a filing with the Securities and Exchange Commission. A comparison of Adeia and ITV, both consumer discretionary companies, was conducted, analyzing risk analyst recommendations, earnings, dividends, valuation, profitability, and institutional ownership. The analysis did not provide a conclusion on which company is a superior investment.
Adeia's customers primarily consist of pay TV services, telecoms and digital signage and professional display companies. Examples of Adeia's customers include Altice USA, Cox Communications and Panasonic.