Acacia Research Corp. Subsidiary Licenses Medical Picture Archiving and Communication System (PACS) Technology to UltraRAD

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) announced today that its Hospital Systems Corporation subsidiary has entered into a license agreement with UltraRAD Corporation covering a portfolio of patents that apply to medical picture archiving and communication system (PACS) technology. This agreement resolves the parties’ dispute that was pending in the District Court for the Eastern District of Texas.