Acacia Subsidiary Settles Patent Litigation with Red Hat
April 29 2011 - 06:00AM
Business Wire
Acacia Research Corporation (Nasdaq:ACTG) announced today that
its Site Update Solutions, LLC subsidiary has entered into a
confidential settlement agreement with Red Hat, Inc. The agreement
resolves patent litigation that was pending between the parties in
the United States District Court for the Eastern District of Texas,
Civil Action No: 2:10-cv-00151-DF, related to U.S. Patent No.
RE40,683.
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. Acacia Research Corporation’s
subsidiaries control over 170 patent portfolios, covering
technologies used in a wide variety of industries.
Information about Acacia Research Corporation and its
subsidiaries is available at www.acaciaresearchgroup.com and
www.acaciaresearch.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
This news release may contain forward-looking statements within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995. Such statements are based
upon our current expectations and speak only as of the date hereof.
Our actual results may differ materially and adversely from those
expressed in any forward-looking statements as a result of various
factors and uncertainties, including the recent economic slowdown
affecting technology companies, our ability to successfully develop
products, rapid technological change in our markets, changes in
demand for our future products, legislative, regulatory and
competitive developments and general economic conditions. Our
Annual Report on Form 10-K, recent and forthcoming Quarterly
Reports on Form 10-Q, recent Current Reports on Forms 8-K and
8-K/A, and other SEC filings discuss some of the important risk
factors that may affect our business, results of operations and
financial condition. We undertake no obligation to revise or update
publicly any forward-looking statements for any reason.
Acacia Research Technolo... (NASDAQ:ACTG)
Historical Stock Chart
From Nov 2023 to Dec 2023
Acacia Research Technolo... (NASDAQ:ACTG)
Historical Stock Chart
From Dec 2022 to Dec 2023
