Acacia Research Announces Licensing and Settlement Agreements Related to WiFi-6 Patents
Acacia Research Corporation (ACTG)
Last acacia research corporation earnings: 8/8 04:00 pm
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US:NASDAQ Investor Relations:
acaciaresearch.com/investor-relations
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) today announced an agreement related to its intellectual property business.Atlas Global Technologies LLC (“AGT”), a subsidiary of Acacia Research Group LLC (the patent licensing business of Acacia Research Corporation), entered into licensing and settlement agreements relating to its WiFi-6 patent portfolio during the fourth quarter of 2023, with aggregate payments under such agreements totaling more than $81 million. The details of such license and settlement agreements, including the parties and individual payment amounts, are confidential pursuant to those agreements. The amount received by AGT will be net of customary legal fees and other expenses.About the CompanyAcacia is a publicly traded (Nasdaq: ACTG) company that is focused on acquiring and operating attractive businesses across the industrial, healthcare, energy, and mature technology sectors where it believes it can leverage its expertise, significan
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News
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- Acacia Research Co. (NASDAQ: ACTG) had its price target raised by analysts at Craig Hallum from $6.00 to $7.00. They now have a "buy" rating on the stock.MarketBeat
- Acacia Research: Positive Developments, Discount To Book Value High Despite Recent Price Spike [Seeking Alpha]Seeking Alpha
ACTG
Sec Filings
- 4/19/24 - Form DEF
- 4/17/24 - Form 8-K
- 3/25/24 - Form 4
- ACTG's page on the SEC website