Acacia Research Corporation (NASDAQ:ACTG) announced today that its Brilliant Optical Solutions LLC subsidiary has entered into a settlement and patent license agreement with Zayo Group, LLC that resolves the dispute between the parties currently pending in the United States District Court for the District of Colorado.
ABOUT ACACIA RESEARCH CORPORATION
Founded in 1993, Acacia Research Corporation (NASDAQ:ACTG) is the industry leader in patent licensing. By partnering with inventors and patent owners, Acacia merges its deep legal and technology expertise with robust patent assets to unlock financial value. An intermediary in the patent market, Acacia facilitates efficiency and delivers monetary liquidity to an otherwise illiquid patent asset.
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