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Acacia Subsidiary Enters Settlement Agreement with Broadsoft

Acacia Research Corporation (NASDAQ: ACTG) announced today that its
subsidiary, InterCarrier Communications LLC, has entered into a
settlement agreement with BroadSoft, Inc. and BroadSoft iLinc
Communications, Inc. The agreement resolves all remaining issues related
to litigation that was dismissed without prejudice in the United States
District Court for the Eastern District of Virginia.

See full press release

Posted-In: News Guidance Financing Contracts Management Global

 

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