Acacia Subsidiary Acquires Additional Patents from Renesas Electronics Corporation
September 22 2016 - 6:00AM
Business Wire
Acacia Research Corporation (NASDAQ: ACTG) announced today that
a subsidiary has acquired an additional portfolio of semiconductor
patents from Renesas Electronics Corporation. These patents relate
to Power Management, System-on-Chip System Architecture and Device
Manufacturing Processes and Packaging.
ABOUT ACACIA RESEARCH CORPORATION
Founded in 1993, Acacia Research Corporation (NASDAQ: 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: http://acaciaresearch.com
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
This news release contains forward-looking statements within the
meaning of the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995. These statements including those of
Matthew Vella relating to receiving broad and lengthy access to the
Renesas patent portfolio, along with the latitude to license the
same portfolio, are based upon our current expectations and speak
only as of the date hereof. Our ability to ensure continued access
to the Renesas patent portfolio and our success in licensing this
broad portfolio, including our ability to grow our base of future
revenues from access to the Renesas patent portfolio may differ
materially and adversely from that expressed in any forward-looking
statements as a result of various factors and uncertainties,
including the extent to which Acacia can identify patent portfolios
of sufficient quantity and quality which have substantial economic
life and which cover technological advances that are prevalent in
the relevant markets, the ability to successfully develop licensing
programs based on specific Renesas patent portfolios, rapid
technological change in relevant markets, changes in demand for
current and future intellectual property rights, legislative,
regulatory, and competitive developments addressing licensing and
enforcement of patents and/or intellectual property in general, and
general economic conditions. Our Annual Report on Form 10-K, recent
and forthcoming Quarterly Reports on Form 10-Q, recent Current
Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some
of the important risk factors that may affect our business, results
of operations, and financial condition. We undertake no obligation
to revise or update publicly any forward-looking statements for any
reason.
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version on businesswire.com: http://www.businesswire.com/news/home/20160922005421/en/
Acacia Research CorporationRob Stewart, 1+ (949)
480-8311rs@acaciares.com
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