Acacia Subsidiary Obtains Rights to Patents for Dynamic, 3-D Modeling Used in Energy Resource Exploration and Production

Loading...
Loading...
Acacia Research Corporation
ACTG
announced today that a subsidiary has obtained rights to one issued U.S. patent and U.S. and foreign patent applications relating to methods and systems for performing dynamic, 3-D geological and geophysical modeling used in oil and gas exploration and production. "As Acacia and its subsidiaries licensing success grows, an increasing number of technology companies are selecting us as their partner for the licensing of their patented technologies," commented Matt Vella, Acacia CEO. "Acacia is rapidly becoming the leader in technology licensing and we continue to grow our base of future revenues by adding new patent portfolios," concluded Mr. Vella. ABOUT ACACIA RESEARCH
See full press release
Market News and Data brought to you by Benzinga APIs
Posted In: NewsGuidanceOfferingsManagementM&AGlobal
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!

Loading...