Acacia Research

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 corporations through patent litigation.[3][4][5][6][7]

Acacia Research Corporation
TypePublic
NASDAQ: ACTG
IndustryPatent Licensing & Monetization
Founded1993[1]
FounderPaul Ryan
HeadquartersIrvine, CA, ,
USA
Key people
Clifford Press, CEO
Alfred V. Tobia, Jr., CIO [1]
Revenue
  • US$23.59 million (2017)[2]
  • US$22.18 million (2017)[2]
SubsidiariesAcacia Research Group LLC
Websiteacaciaresearch.com

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.[8][9][5]

Since the year 2000, Acacia has generated $1.4 billion in revenue from licensing patents and has paid out more than $731 Million to inventors and other patent owners.[10][11] The company has formed 233 known subsidiaries and has litigated 1,412 cases, four of which were not through a subsidiary.[12]

One such subsidiary was CombiMatrix,[13] which Acacia held from 2002 until 2007.[14] Invitae acquired CombiMatrix in 2017.[15]


References

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