Acacia Subsidiary Acquires Rights to Patent Portfolio from Rambus

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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
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