Acacia Acquires Rights to a Patent

Acacia Research Corporation announced that a subsidiary has acquired the rights to a patent for information storage, searching and retrieval technology.

"As Acacia’s licensing success grows, an increasing number of technology companies are selecting us as their partner for the licensing of their patented technologies," commented Paul Ryan, Acacia Chairman and CEO. "Acacia is rapidly becoming the leader in technology licensing and we continue to grow our base of future revenues by adding new patent portfolios," concluded Mr. Ryan.

This patented technology generally relates to search result presentation and can be used to reduce time and cost associated with large query results.