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Acacia (ACTG) Unit Enters Licensing Agreement with Lowe's (LOW); Litigation Lifted

March 1, 2012 6:39 AM EST
Acacia Research Corporation (Nasdaq: ACTG) report that its Smooth Impact LLC subsidiary has entered into a license agreement with Lowe's Home Centers, Inc. (NYSE: LOW), covering patents directed to impact instrument technology.

This agreement resolves the parties' dispute that was pending in the District Court for the Eastern District of Texas, Case No.6:10-cv-690.


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