Acacia Subsidiary Licenses Impact Technology to Easy Strike, Apex Tool Group, Cooper Tools, Bold, and Test-Rite

Acacia Research Corporation ACTG announced today that its Smooth Impact LLC subsidiary has entered into a license agreement with Easy Strike Co., Ltd., Apex Tool Group, LLC, Cooper Tools, LLC, Bold Inc., and Test-Rite Products Corp., covering patents directed to impact instrument technology. This agreement resolves the parties' dispute that was pending in the District Court for the Eastern District of Texas, Case No. 6:10-cv-690.