Acacia Subsidiary Enters License and Settlement with Zultys, Inc.

 

Newport Beach, Calif. – (BUSINESS WIRE) October 3, 2013 – Acacia Research Corporation (Nasdaq: ACTG) announced today that its Brandywine Communications Technologies LLC subsidiary has entered into a patent license and settlement agreement with Zultys, Inc.  This agreement resolves patent litigation that was pending in the United States District Court for the District of Delaware.

ABOUT ACACIA RESEARCH CORPORATION

cacia Research Corporation’s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue.  Acacia Research Corporation’s subsidiaries control over 250 patent portfolios, covering technologies used in a wide variety of industries.

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