Acacia Subsidiary Enters into Agreement with Texas Instruments
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NEWPORT BEACH, Calif.--(Business Wire)-- Acacia Research Corporation (Nasdaq:ACTG) announced today that its subsidiary, Optimum Processing Solutions LLC, has entered into a settlement agreement with Texas Instruments Incorporated. This agreement resolves patent litigation, Civil Action Case no. 1:09-cv-1098, that was pending in the United States District Court for the Northern District of Georgia. ABOUT ACACIA RESEARCH CORPORATION Acacia Research`s subsidiaries develop, acquire, and license patented technologies. Acacia Research`s subsidiaries control over 100 patent portfolios, covering technologies used in a wide variety of industries. Information about Acacia Research is available at www.acaciatechnologies.com and www.acaciaresearch.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.These statements are based upon our current expectations and speak only as of the date hereof.Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the recent economic slowdown affecting technology companies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions.Our Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition.We undertake no obligation to revise or update publicly any forward-looking statements for any reason. Acacia Research Corporation Rob Stewart, Investor Relations Tel 949-480-8300 Fax 949-480-8301 Copyright Business Wire 2009