|
|
|
SpatialNews.com Press Release
Acacia Technologies Acquires Patent Portfolio for Telematics Technology
 Printer Friendly
NEWPORT BEACH, CA - Acacia Research Corporation announced on Thursday that Acacia Patent Acquisition Corporation, a wholly owned subsidiary that is part of the Acacia technologies group, a leader in technology licensing, has acquired patents relating to the rapidly growing field of telematics.
Telematics refers to systems used in vehicles that combine wireless communication with GPS tracking and can be used in vehicle navigation systems and mobile fleet management.
According to a press release by the company, Telematics refers to systems used in vehicle that combine wireless communication with GPS tracking and can be used in vehicle navigation systems and mobile fleet management.
"Acacia is serving an unmet need in the market for companies that want to generate revenue from the licensing of their patented technologies. Acacia's licensing success is attracting more companies that are selecting us as their chair partner," commented Paul Ryan, Acacia chairman and CEO.
"This is the fifth patented technology we have acquired this quarter and we now control 47 patent portfolios," Ryan concluded. The patents generally relate to technology for displaying mobile vehicle information on a map.
Acacia Research Corporation comprises two operating groups, Acacia Technologies group and CombiMatrix group. Acacia Research – Acacia Technologies and Acacia Research- CombiMatrix are both classes of common stock issued by Acacia research Corporation and are intended to reflect the performance of the respective operating groups and are not issued by operating groups.
|
|
Sponsored by:
For information
regarding
advertising rates
Click Here!
|
