Adeia announces multi-year IP license agreement with Canon

Adeia (ADEA) said it has entered into a multi-year intellectual property license agreement with Canon (CAJPY), providing access to Adeia’s media portfolio. “This agreement marks another important milestone in Adeia’s collaboration with leading companies in the consumer electronics market. It reflects the growing importance of innovations in the dynamic field of camera technology, where artificial intelligence, advanced sensors and computational photography are transforming how users capture and share their experiences,” the company said in a statement.