What an honor to be featured in IAM! The article captured the momentum we're building and highlights our latest earnings release, along with our new RapidCool direct-to-chip liquid cooling technology targeting AI and other compute-intensive applications.
I wrote in IAM about Adeia's earnings call yesterday: it reported $85.7 million in Q2 revenue, driven by five new license deals including new customers STMicroelectronics (semiconductors) and Warby Parker (eyewear retailer). The company's aggressive expansion beyond traditional pay-TV markets is paying off, with non-pay-TV recurring revenue surging 28%. Plus, 11 of its last 25 deals were with entirely new customers across the e-commerce, streaming and semiconductor sectors. Adeia is also betting on AI infrastructure with its newly launched RapidCool direct-to-chip liquid cooling technology, targeting the exploding data center market as companies race to manage heat from compute-intensive AI applications. With a robust pipeline of renewals and new prospects, the company maintains its 2025 revenue guidance of $390-430 million.