NEWPORT BEACH, Calif. – Acacia Research Corporation (NASDAQ:ACTG) announced that a subsidiary has acquired a patent portfolio relating to professional and social media networking technology.
“Acacia is rapidly becoming the leader in technology licensing and we continue to grow our base of future revenues by adding new patent portfolios”
“As our licensing success grows, an increasing number of technology companies are selecting us as their partner for the licensing of their patented technologies,” commented Matthew 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 CORPORATION
Acacia Research Corporation’s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue.
Information about Acacia Research Corporation and its subsidiaries is available at www.acaciaresearch.com.
