ACTG
- Acacia Research Corporation
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Overview
Company Summary
Acacia Research Corporation (ACTG) is a publicly traded company that specializes in intellectual property (IP) licensing and enforcement. Founded in 1993, the company's primary business model involves acquiring and licensing patents from various inventors, universities, and research institutions.
ACTG essentially acts as a middleman between patent owners and companies that might want to use or license these inventions. They use their expertise to identify potentially valuable patents and negotiate licensing agreements with companies that wish to utilize the patented technology. In return, Acacia Research Corporation receives a portion of the revenue generated from these licensing deals.
The company covers a wide range of industries, including technology, electronics, software, telecommunications, and life sciences. Acacia Research Corporation operates through its subsidiaries, each specializing in specific technology sectors. These subsidiaries include Acacia Patent Acquisition, Acacia Research Group, and CombiMatrix, among others.
Apart from licensing and monetization, ACTG also offers services such as legal support, IP evaluation, and partnership development to assist patent holders in maximizing the value of their intellectual property portfolios.
It's worth noting that the nature of their operations has often made Acacia Research Corporation a controversial company. Some critics view them as a patent troll, while others argue that they play a crucial role in protecting and monetizing intellectual property rights for inventors and smaller entities who may not have the resources to do so themselves.
Overall, Acacia Research Corporation focuses on acquiring, licensing, and enforcing patents, offering a platform for inventors and patent owners to maximize the value of their intellectual property.