Adeia renews multi-year IP license agreement with Roku

Adeia (ADEA) announced it has renewed its intellectual property (IP) license agreement with Roku (ROKU). The multi-year renewal extends Roku’s access to Adeia’s media IP portfolio for its products and services. “We are excited to renew our agreement with Roku, a leader in the streaming digital entertainment space,” said Dr. Mark Kokes, Adeia’s chief licensing officer and general manager, media. “This agreement demonstrates the ongoing relevance and importance of our technology in the streaming video field.”