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Acacia Subsidiary Acquires Rights to Part of TeleCommunication Systems Patent Portfolio

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TeleCommunication Systems, (NASDAQ: TSYS) and Acacia
Research Corporation (NASDAQ: ACTG) have entered into a patent
licensing alliance, whereby the Acacia subsidiary has acquired the
rights to a portion of TCS' wireless data synchronization & data
transfer patent portfolio.

TCS' wireless technology enables the seamless synchronization of data
between handheld devices, tablets, e-readers and servers. These patents
were part of the foundational work that was done by Aether Systems in
the 1990's to address the need to securely and accurately synchronize
data to handheld devices

See full press release

Posted-In: News Guidance Contracts Management Stock Split M&A Global


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