|[March 26, 2014]
Acacia Subsidiary Enters into Settlement and Patent License Agreement with Nuance Communications, Inc.
NEWPORT BEACH, Calif. --(Business Wire)--
Acacia Research (News - Alert) Corporation (NASDAQ: ACTG) announced today that its
Computer Software Protection LLC subsidiary has entered into a
settlement and patent license agreement with Nuance (News - Alert) Communications, Inc.
The agreement resolves litigation that was pending in the United States
District Court for the District of Delaware.
ABOUT ACACIA RESEARCH CORPORATION
Founded in 1993, Acacia
Research Corporation (NASDAQ: ACTG) is the industry leader in patent
licensing. An intermediary in the patent marketplace, Acacia partners
with inventors and patent owners to unlock the financial value in their
patented inventions. Acacia bridges the gap between invention and
application, facilitating efficiency and delivering monetary rewards to
the patent owner.
For moe information, visit: www.acaciaresearch.com
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
This news release may contain
forward-looking statements within the meaning of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995. Such
statements are based upon our current expectations and speak only as of
the date hereof. Our actual results may differ materially and
adversely from those expressed in any forward-looking statements as a
result of various factors and uncertainties, including the recent
economic slowdown affecting technology companies, our ability to
successfully develop products, rapid technological change in our
markets, changes in demand for our future products, legislative,
regulatory and competitive developments and general economic conditions.
Our Annual Report on Form 10-K, recent and forthcoming Quarterly
Reports on Form 10-Q, recent Current Reports on Forms 8-K and 8-K/A, and
other SEC (News - Alert) filings discuss some of the important risk factors that may
affect our business, results of operations and financial condition. We
undertake no obligation to revise or update publicly any forward-looking
statements for any reason.
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