Acacia Research (ACTG) Unit Settles, Enters License with Avid Life Media

January 3, 2013 6:00 AM EST
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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