TMCnet News

Acacia's subsidiary signs license and settlement agreement with Mitel Networks Corporation
[May 17, 2013]

Acacia's subsidiary signs license and settlement agreement with Mitel Networks Corporation


May 17, 2013 (M2 EQUITYBITES via COMTEX) -- Patent licensing company Acacia Research Corporation (Nasdaq:ACTG) announced today that its Brandywine Communications Technologies LLC subsidiary has entered into a license and settlement agreement with Mitel Network Corporation.

Financial details of the agreement were not available.

This agreement reportedly resolves patent litigation that was pending in the US District Court for the District of Delaware.


Comments on this story may be sent to [email protected]

[ Back To TMCnet.com's Homepage ]