Acacia Research Corp. Subsidiary Acquires Patents for Heart Valve Technology from a Major Medical Device Company

Published: Sep 30, 2011

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq:ACTG) announced today that a subsidiary has acquired patents for heart valve technology from a major medical device company. "As Acacia's licensing success grows, an increasing number of major 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.

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