Acacia Subsidiary Acquires Patent

Acacia Research Corporation announced that a subsidiary has acquired a patent for magnetic storage technology.

"As Acacia’s licensing success grows, an increasing number of inventors are selecting us as their partner for the licensing of their patented technologies," commented Paul Ryan, Acacia Chairman and 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.