Acacia Research Corporation is an American company based in New York City. Acacia partners with patent owners such as

inventors An invention is a unique or novel device, method, composition, idea or process. An invention may be an improvement upon a machine, product, or process for increasing efficiency or lowering cost. It may also be an entirely new concept. If an ...

and

universities A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States, t ...

license A license (or licence) is an official permission or permit to do, use, or own something (as well as the document of that permission or permit). A license is granted by a party (licensor) to another party (licensee) as an element of an agreeme ...

patents A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention."A p ...

that are infringed. Roughly 95% of the company's business involves licensing infringed patents on behalf of patent owners to corporations through

patent litigation Patent infringement is the commission of a prohibited act with respect to a patented invention without permission from the patent holder. Permission may typically be granted in the form of a license. The definition of patent infringement may va ...

.USPTO Assignment Database - Acacia Research Group
/ref> Acacia was incorporated in California in 1993 and is based in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

. The company was consisted of two divisions: Acacia Technologies and CombiMatrix Group. The former covers the development, acquisition, licensing and enforcement of patented technologies. It creates a

subsidiary A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a s ...

company that acts as a

special purpose entity A special-purpose entity (SPE; or, in Europe and India, special-purpose vehicle/SPV; or, in some cases in each EU jurisdiction, FVC, financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited ...

for each set of patents that it enforces. The patent owner

assigns An assignment is a legal term used in the context of the law of contract and of property. In both instances, assignment is the process e whereby a person, the ''assignor'', transfers rights or benefits to another, the ''assignee''.For the assig ...

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 In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue ...

generated from licensing the patents on a 50/50 basis. Acacia's second division, CombiMatrix, constituted its life sciences business. This division, which Acacia held from 2002 until 2007, operated as a subsidiary.

Invitae Invitae Corp. is a biotechnology company that was created as a subsidiary of Genomic Health in 2010 and then spun-off in 2012. In 2017, Invitae acquired Good Start Genetics and CombiMatrix. In 2020, Invitae announced the acquisition of ArcherDX ...

acquired CombiMatrix in 2017. Since the year 2000, Acacia has generated $1.4 billion in revenue from licensing patents and has paid out more than $731 million to

and other patent owners. The company has formed 233 known subsidiaries and has

litigated - A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil actio ...

1,412 cases, four of which were not through a subsidiary.RPX Corporation - Acacia Research
/ref>

References

External links

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Acacia Technologies
a subsidiary Companies based in New York City Patent monetization companies of the United States Business services companies established in 1993 Companies listed on the Nasdaq 1993 establishments in California American companies established in 1993 {{tech-company-stub