Acacia Research (ACTG) Unit and ASUSTeK Enter Settlement and Patent License Agreement

September 29, 2016 6:07 AM EDT

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Acacia Research Corporation (Nasdaq: ACTG) announced today that its Nexus Display Technologies LLC subsidiary has entered into a settlement and patent license agreement with ASUSTeK Computer Inc. and its U.S. subsidiary, ASUS Computer International. The agreement resolves litigation that was pending in the United States District Court for the Central District of California, Western Division.

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