Acacia Subsidiary Into Settlement Agreement With Moser Baer

Acacia Research Corporation announced that its wholly-owned subsidiary, Optical Memory storage LLC, has entered into a settlement and license agreement with Moser Baer India Limited covering a portfolio of patents that apply to optical memory storage solutions.

This settlement agreement resolves patent litigation Civil Action No. 2:11-cv-12566-PDB-MJH that was pending in the United States District Court for the Eastern District of Michigan.