Acacia Research Corp


ACTG

Price

5.06


Change

-0.13


High

NA


Low

NA


Avg Volume

335,797


PE Ratio

17.45


52 Week High

9.09


52 Week Low

3.48



Profile

Acacia Research Corporation, founded in 1993, is an American company based in Irvine, California. Acacia partners with patent owners such as inventors and universities to license patents that are infringed. Roughly, 95% of the company's business involves licensing infringed patents on behalf of patent owners to some of the world's largest corporations through patent litigation. Acacia creates a subsidiary company that acts as a special purpose entity for each set of patents that it enforces. The patent owner assigns the infringed patents to the subsidiary and the subsidiary then licenses the patents to companies who are infringing. Acacia and the patent owner split any revenues generated from licensing the patents on a 50/50 basis.


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