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March 28, 2008

Acacia Subsidiary Acquires Rights to Patent for Videoconferencing Technology

By Anil Sharma
TMCnet Contributing Editor

Acacia Patent Acquisition, a subsidiary of Acacia Research (News - Alert) Corporation, has acquired rights to a patent relating to videoconferencing technology.

This patented technology relates to videoconferencing systems and services based on the Internet.

“Acacia continues to grow its base of future revenues by adding new patent portfolios,” Paul Ryan, Acacia Chairman and CEO said.

“As our licensing success grows, more companies are selecting us as their partner for the licensing of their patented technologies."

Acacia Research’s subsidiaries develop, acquire, and license patented technologies and control 91 patent portfolios, which include U.S. patents and certain foreign counterparts, covering technologies used in a wide variety of industries.

Earlier this month, Acacia Research Corporation had announced that its Diagnostic Systems Corporation subsidiary entered into a license agreement with Quest Software (News - Alert), covering a portfolio of patents that apply to rule-based monitoring.

Anil Sharma is a contributing editor for TMCnet. To see more of his articles, please visit his columnist page.

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