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Acacia Research Subsidiary Acquires Rights to Automotive Illumination Patent Portfolio from Rambus Inc.



  Acacia Research Subsidiary Acquires Rights to Automotive Illumination Patent
  Portfolio from Rambus Inc.

Business Wire

NEWPORT BEACH, Calif. -- May 02, 2013

Acacia Research Corporation (Nasdaq:ACTG) announced today that a subsidiary
has acquired the rights to an automotive illumination patent portfolio from
Rambus Inc. (Nasdaq: RMBS), the innovative technology solutions company. The
portfolio relates to automotive and vehicular illumination applications
including headlights, taillights, and internal and external lighting. As part
of this transaction, Rambus received an initial upfront payment and is
expected to receive subsequent payments. Specific terms of the transaction are
confidential.

“We are pleased to have acquired the rights to this portfolio as it
demonstrates our growing strength and opportunity in the automotive sector,”
commented Paul Ryan, Acacia CEO. “As our licensing success grows, an
increasing number of major technology companies are selecting us to help them
realize value from their R&D investment and monetize their intellectual
property assets.”

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 250 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 contains forward-looking statements within the meaning of
the “safe harbor” provisions of the Private Securities Litigation Reform Act
of 1995. These statements including those of Paul Ryan relating to our
strength and opportunity in the automotive sector, the expectation to receive
subsequent payments, our licensing success, the number of major technology
companies selecting us as their partner, and the growth of our base of future
revenues are based upon our current expectations and speak only as of the date
hereof. Our ability to expand into the automotive sector, to become the
licensing partner for companies, and our ability to grow our base of future
revenues by adding new patent portfolios may differ materially and adversely
from that expressed in any forward-looking statements as a result of various
factors and uncertainties, including the economic slowdown affecting
technology companies, the ability to successfully develop licensing programs
and attract new business in the automotive sector and in general, rapid
technological change in relevant markets, changes in demand for current and
future intellectual property rights, legislative, regulatory and competitive
developments addressing licensing and enforcement of patents and/or
intellectual property in general, 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.

Contact:

Acacia Research Corporation
Rob Stewart, Investor Relations
Tel 949-480-8300
Fax 949-480-8301
or
Media Contact:
SpecOps Communications
Adam Handelsman, President & Founder
212-518-7721
adam@specopscomm.com
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