Acacia Subsidiary Enters into License Agreement with Medtronic, Inc.

Acacia Research


Acacia Research Corporation (ACTG) announced today that Acacia Research Group LLC and its LifePort Sciences LLC subsidiary have entered into a license agreement with Medtronic, Inc. and Medtronic Vascular Inc. covering patents relating to surgical devices. The agreement resolves litigation that was pending in the United States District Court for the District of Delaware.


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.

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