Acacia Subsidiaries Enter into Patent License Agreement with ZTE Corporation
June 26 2017 - 6:00AM
Business Wire
Acacia Research Corporation (NASDAQ: ACTG) announced today that
its subsidiaries Saint Lawrence Communications LLC and Saint
Lawrence Communications GmbH have entered into a patent license
agreement with ZTE Corporation. The agreement resolves litigation
actions that were pending in the United States District Court for
the Eastern District of Texas and in the Mannheim district court of
Germany.
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: http://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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170626005252/en/
Acacia Research CorporationRob Stewart1+ (949)
480-8311rs@acaciares.com
Acacia Research Technolo... (NASDAQ:ACTG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Acacia Research Technolo... (NASDAQ:ACTG)
Historical Stock Chart
From Apr 2023 to Apr 2024