Rambus, Acacia in Patent Licensing Deal

Loading...
Loading...
Rambus Inc.
RMBS
, the innovative technology solutions company, announced today it has transferred a portfolio of patent assets covering display technologies to a subsidiary of Acacia Research Corporation
ACTG
, the leader in patent licensing. As part of this transaction, Rambus received an initial upfront payment and is expected to receive subsequent payments. Specific terms of the transaction are confidential. "We are pleased to be working with Acacia as our licensing partner for these patents because of their experience and success in monetizing IP. This transaction enables us to deliver value to our shareholders while we focus our resources and investments in other areas to bring invention
See full press release
Posted In: NewsGuidanceContractsManagementGlobal
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...