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Adeia Secures Multi-Year Media Intellectual Property Licensing Deal With L'Oreal

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-- Adeia (ADEA) said Monday it entered into a multi-year licensing agreement with L'Oreal, providing the company access to its media intellectual property portfolio.

The technology company said its portfolio supports personalized, interactive, and data-driven digital experiences across advertising, streaming, and commerce platforms.

Shares of the company were up about 3.4% in Monday trading.

Price: $34.17, Change: $+1.17, Percent Change: +3.55%

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