Acacia Subsidiary Acquires Patents Relating to Computer Aided Design Tools
Acacia Research Corporation (Nasdaq: ACTG) announced that a subsidiary has acquired patents relating to computer aided design tools.
"As Acacia's licensing success grows, an increasing number of technology companies are selecting us as their partner for the licensing of their patented technologies," commented Paul Ryan, Acacia CEO and President. "Acacia is rapidly becoming the leader in technology licensing and we continue to grow our base of future revenues by adding new patent portfolios," concluded Mr. Ryan.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.