Acacia acquires flash memory patent portfolio

from a news release on January 14, 2011:

Acacia Research Corp. Friday, January 14, 2011 said that its subsidiary acquired a patent portfolio for flash memory technology from a major technology company.

Of itself, Acacia notes:

Acacia Research’s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue. Acacia controls over 160 patent portfolios covering technologies used in a wide variety of industries which include the following: (...)

A post from Feb. 2010 at patents.com includes the text:

Acacia's business mission appears to be the acquisition of patent portfolios for the sole purpose of subsequently filing and collecting damages over alleged patent infringement. In its 18-year stint, this company has filed over 337 patent-related lawsuits claiming that their intellectual property has been copied without permission or cross licensing.

Separately, TradingMarkets noted:

Patent licensing company Acacia Research Corporation announced on Friday, January 14, 2011 that its subsidiary Telematics Corporation has entered into a patent license agreement with GPS vehicle tracking and GPS fleet management solutions provider Geotab Inc.

The financial terms of the agreement were not disclosed.

According to the company, the agreement resolves patent litigation that was pending in the US District Court for the Northern District of Georgia.