Adeia renews media IP license agreement with Funai

Adeia announced that Funai Electric has agreed to renew its license for Adeia’s media intellectual property portfolio. “Adeia’s IP contains the foundational technologies that help audiences search, find and enjoy the content and experiences they desire on CTVs and other connected devices,” said Dr. Mark Kokes, Adeia’s chief licensing officer and general manager, media. “Funai’s renewal of Adeia’s media IP portfolio demonstrates their commitment to meeting the ever-changing expectations of their consumers.”