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October 01, 2012

Acacia Subsidiary Acquires Radio Frequency Modulation Patents for Smartphone Devices

Acacia Research Corp., a massive California-based patent group with dozens of subsidiaries, recently announced that one of them had acquired the required patents for radio frequency modulation technology to be used in mobile devices like smartphones, tablets and laptops from a major technology company.

Acacia Research Group LLC is a wholly-owned subsidiary of Acacia Research Corporation (NASDAQ: ACTG). Acacia Research Group LLC and its affiliates partner with patent holders to turn their patents into revenue.

They do this through licensing, and if necessary, enforcing their patents.

Their team includes market analysts, in-house patent attorneys, licensing executives and engineers, and has an established track record of success with hundreds of license and settlement agreements covering a wide range of technology areas.

Acacia Research’s subsidiaries control over 150 patent portfolios, covering technologies used in a wide variety of industries.

Acacia’s partners are primarily individual inventors and small companies with limited resources to deal with unauthorized users but include some large companies wanting to generate revenue from their patented technologies. In a typical arrangement, Acacia becomes the owner or exclusive licensee of the patents and the partner receives a percentage of its net recoveries from licensing and enforcement and/or up-front payment.

Acacia also recently expanded its management team by including Curtis Dodd to Acacia Research Group LLC as vice president. Dodd was most recently vice president of Patents and Counsel at Wi-LAN Inc., where he managed patent related matters associated with Wi-LAN’s wireless, DSL and cable access licensing programs, and led patent due diligence on new patent acquisitions.

Paul Ryan, chief executive officer at Acacia, commented that Acacia was rapidly becoming the leader in technology licensing, and shall continue to grow their base of future revenue by adding new patent portfolios.

He also added that an increasing number of technology companies are selecting them as their partner for the licensing of their patented technologies.

Want to learn more about today’s powerful mobile ecosystem? Don't miss the Mobility Tech Conference & Expo, collocated with ITEXPO Austin 2012 happening now in Austin, TX. Stay in touch with everything happening at Mobility Tech Conference & Expo. Follow us on Twitter.

Edited by Braden Becker

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