Acacia Research Corp. (ACTG) Subsidiary Acquires Patent for Hearing Aid Technology from a Major Technology Company
10/10/2011 11:40:36 AM
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq:ACTG) announced today that a subsidiary has acquired a patent relating to hearing aid technology from a major technology company. "As Acacia's licensing success grows, an increasing number of major 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.