Adeia enters into long-term IP license agreement with Altice USA

Adeia (ADEA) announced it has signed a long-term intellectual property, or IP, license agreement with Altice USA (ATUS), offering products and services nationwide as 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 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.