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Acacia Subsidiary Enters into Settlement and Patent License Agreement with Smartware Group, Inc.







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Acacia (NASDAQ:ACTG)
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Today : Tuesday 24 December 2013
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Acacia Research Corporation (NASDAQ: ACTG) announced today that its Automated Facilities Management Corporation subsidiary has entered into a settlement and patent license agreement with Smartware Group, Inc. The agreement resolves litigation that was pending in the United States District Court for the District of New Hampshire.

ABOUT ACACIA RESEARCH CORPORATION

Founded in 1993, Acacia Research Corporation (NASDAQ: ACTG) is the industry leader in patent licensing. An intermediary in the patent marketplace, Acacia partners with inventors and patent owners to unlock the financial value in their patented inventions. Acacia bridges the gap between invention and application, facilitating efficiency and delivering monetary rewards to the patent owner.

For more information, visit: www.acaciaresearch.com