Acacia Research (ACTG) Unit Settles, Enters License with Avid Life Media
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Price: $23.53 +0.04%
Overall Analyst Rating:
BUY (
Up)
Dividend Yield: 2.1%
Revenue Growth %: -22.4%
Overall Analyst Rating:
BUY (
Up)Dividend Yield: 2.1%
Revenue Growth %: -22.4%
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Acacia Research (NASDAQ: ACTG) announced that its Unified Messaging Solutions, LLC subsidiary has entered into a license and settlement agreement with Avid Life Media, Inc. This agreement resolves patent litigation that was pending in the United States District Court for the Northern District of Illinois.
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