Loading...
Loading...
Acacia
Research Corporation
ACTG announced today that a subsidiary
has acquired the rights to an automotive illumination patent portfolio
from Rambus
Inc.
RMBS, the innovative technology solutions company.
The portfolio relates to automotive and vehicular illumination
applications including headlights, taillights, and internal and external
lighting. 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 have acquired the rights to this portfolio as it
demonstrates our growing strength and opportunity in the automotive
sector,” commented Paul Ryan, Acacia CEO. “As our licensing success
See full press release© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies 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!
Already a member?Sign in