Acacia Research (ACTG) Unit Enters Patent Settlement, Licensing Agreement with GIA

November 4, 2016 6:03 AM EDT

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Acacia Research Corporation (NASDAQ: ACTG) announced today that its Diamond Grading Technologies, LLC subsidiary has signed a settlement and patent license agreement with Gemological Institute of America, Inc. The agreement resolves litigation that was pending in the United States District Court for the Eastern District of Texas.

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