Acacia Research
#7237
Rank
$373.77M
Marketcap
United States
Country
Mr. Richard J. Rosenstein (Chief Financial Officer)
Mr. Jason W. Soncini (Gen. Counsel)
Mr. Marc W. Booth (VP & Chief Intellectual Property Officer)
Summary
Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies. The company operates through two segments, Intellectual Property Operations and Industrial Operations.
The company owns or controls the rights to various patent portfolios, which include U.S. patents and foreign counterparts covering technologies used in a range of industries. It has executed approximately 1,600 license agreements, and approximately 200 patent portfolio licensing and enforcement programs. It also designs manufactures printers and parts, and consumable products through dealers and distributors for various industrial printing applications.
In addition, the company offers supply-chain printing solutions for manufacturing, transportation and logistics, retail distribution, food and beverage distribution, and pharmaceutical distribution industries; and line matrix printers for mission-critical applications within labelling and inventory management, build sheets, invoicing, manifests and bills of lading, and reporting industries. Acacia Research Corporation was incorporated in 1993 and is based in New York, New York.
History
Acacia Research Corporation is a publicly traded patent licensing and technology transfer company based in Newport Beach, California. The company's mission is to enable innovation through the licensing and commercialization of patented technologies.
Acacia has a long history of innovation and growth. It began as a private patent licensing firm in 1992 when its founders identified a need for a company that could help patent owners monetize their intellectual property. Soon Acacia began to acquire patent portfolios from major technology corporations, such as IBM, Microsoft, and AT&T.
Since then, Acacia has continued to expand its presence in the patent licensing and technology transfer market. In 2006, the company completed its initial public offering, becoming the first publicly traded patent licensing company.
Acacia has also been at the forefront of new developments in patent monetization. In 2011, the company launched its patent-backed litigation model, in which Acacia acquires patent portfolios and then partners with law firms to pursue legal action against companies that are infringing on patent rights.
Today, Acacia Research Corporation is a leader in the patent licensing market, working with both patent owners and technology companies to ensure that innovation is rewarded. The company manages more than 800 patents worldwide and has become one of the leaders in the field of patent monetization and licensing.
Acacia has been influential in the development of new patent-related services, helping to redefine the patent monetization process. The company has also established strategic partnerships with major technology companies and media companies, and has been a leader in helping startups and established businesses maximize their return on investment through patent licensing.
Mission
“Acacia Research Corporation strives to bring value to its clients through efficient patent monetization and licensing, bringing opportunities to inventors, entrepreneurs, and businesses that would not otherwise be possible.”
Vision
“Acacia Research Corporation seeks to create a world where innovators and businesses are rewarded for their innovation, where competitive technology and psychological products are fairly licensed, and where intellectual property is managed efficiently and efficiently.”
Key Team
Mr. Darren Miller (Sr. VP of Contracts - Legal)
Mr. Martin D. McNulty Jr. (Interim Chief Exec. Officer)
Ms. Kirsten Hoover (Principal Accounting Officer & Corp. Controller)
Mr. Eric Lucas (Sr. VP - Licensing)
Ms. Holly Hernandez (Sr. VP - Licensing)
Ms. Irene Byrne (VP HR)
Mr. Phillip Mitchell Ph.D. (Sr. VP - Engineering)
Recognition and Awards
References
https://en.wikipedia.org/wiki/Acacia_Research
https://in.investing.com/equities/acacia-research-corp
https://finance.yahoo.com/quote/ACTG/profile?p=ACTG
https://www.crunchbase.com/organization/acacia-research
https://companiesmarketcap.com/
https://www.acaciaresearch.com
https://www.forbes.com/companies/acacia-research/
https://www.morningstar.com/stocks/xnas/actg/quote
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Mr. Richard J. Rosenstein (Chief Financial Officer)
Mr. Jason W. Soncini (Gen. Counsel)
Mr. Marc W. Booth (VP & Chief Intellectual Property Officer)