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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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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