Acacia Subsidiary Acquires Content Security Patents Used in Consumer
Electronics, PCs, and Mobile Devices
NEWPORT BEACH, Calif. -- July 1, 2013
Acacia Research Corporation (Nasdaq: ACTG) announced today that a subsidiary
has acquired patents for content security used in consumer electronics and
mobile devices such as smartphones, tablets, and laptops from a major
semiconductor technology company.
"As our licensing success grows, an increasing number of major technology
companies are selecting us as their partner for the licensing of their
patented technologies," commented Paul Ryan, 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. Ryan.
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
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
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
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, 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.
Acacia Research Corporation
President & Founder
Press spacebar to pause and continue. Press esc to stop.