Market Overview

Acacia Subsidiary Acquires Patents on Gas Modulation Control Systems Technology

Acacia Research Corporation (NASDAQ: ACTG) announced today that a
subsidiary has acquired 23 patents covering gas heating and cooling
control systems. The acquisition includes an ongoing royalty stream with
a major manufacturer.

“Acacia continues to increase the number of patent portfolios we control
in the industrial technology sector”, commented Paul Ryan, CEO. “As a
leader in patent licensing, Acacia is continuing to expand its presence
and broaden the scope of its licensing business.”

ABOUT ACACIA RESEARCH CORPORATION

Acacia Research Corporation's subsidiaries partner with inventors and
patent owners, license the patents to corporate users, and share the
revenue. Acacia Research Corporation's

See full press release

Posted-In: News Guidance M&A

 

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