Acacia Subsidiary Enters into Settlement and Release Agreement with Axiom Process

 

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–

Acacia Research Corporation (ACTG) announced today that its Parallel Separation Innovations LLC subsidiary entered into a Settlement and Release Agreement with Axiom Process, LLC and Axiom Process Ltd. The agreement resolved litigation that was pending in the United States District Court for the Eastern District of Texas.

ABOUT ACACIA RESEARCH CORPORATION

Founded in 1993, Acacia Research Corporation (ACTG) 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.

For more information, visit: www.acaciaresearch.com

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