Acacia Subsidiary Enters into Settlement and Patent License Agreement with Sandisk Corporation

NEWPORT BEACH, Calif., Feb 07, 2014 (BUSINESS WIRE) — Acacia Research Corporation ACTG +1.50% announced today that its Chip Packaging Solutions LLC subsidiary has entered into a settlement and patent license agreement with Sandisk Corporation. The agreement resolves litigation that was pending in the United States District Court for the Central District of California.


Founded in 1993, Acacia Research Corporation ACTG +1.50% is the industry leader in patent licensing. An intermediary in the patent marketplace, Acacia partners with inventors and patent owners to unlock the financial value in their patented inventions. Acacia bridges the gap between invention and application, facilitating efficiency and delivering monetary rewards to the patent owner.

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