Acacia-IBM Settlement Resolves Litigation

Feb. 2 (Bloomberg) -- Acacia Research Corp. reported that its Compression Technology Solutions subsidiary has entered into a settlement agreement with International Business Machines Corp. The agreement resolves patent litigation that was pending in the U.S. District Court for the Eastern District of Missouri.

Link to Statement:{NSN LYRIK03V280H <GO>}

Link to Company News:{ACTG US <Equity> CN <GO>} Link to Company News:{IBM US <Equity> CN <GO>}

To contact the editor responsible for this story: Steven Fromm at sfromm@bloomberg.net