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Acacia Subsidiary Partners with Owner of Patent Portfolio for Oil and Gas Production Technology

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posted:2/1/2013
language:Japanese
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Description: NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) announced today that a subsidiary has obtained rights to a patent portfolio relating to oil and gas production and will share licensing revenue with the patent owner. The portfolio comprises 4 US and 27 foreign patents that relate to polymer based drilling fluids which are widely used in the drilling of oil and gas wells. Acacia’s CEO Paul Ryan, commented, “We see the energy industry as a significant new market fo a style='font-size: 10
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