acacia

  • Acacia soars 35% in second tech IPO of the year

    Acacia soars 35% in second tech IPO of the year

    It has been a terrible year for tech IPOs. Until now, only SecureWorks braved the market and it didn’t go well. But Acacia Communications braved the public markets today and outperformed expectations. After pricing its offering at the top of the range at $23 per share, the company soared to above $30 in its first day of trading, yielding a market cap of above $1 billion. Read More

  • Patent Troll Buys ADAPTIX (And Its 4G Technology Patents) For $160M

    Patent Troll Buys ADAPTIX (And Its 4G Technology Patents) For $160M

    The 4G wireless technology space is heating up, so expect vultures. Acacia Research Corporation, a massive patent holding group with dozens of subsidiaries in the business of exploiting intellectual property by means of lawsuits and aggressive patent licensing schemes, this morning announced that it has acquired ADAPTIX, a 4G wireless technology company that originally started out in 2000… Read More

  • Acacia Awarded $12.4 Million In Patent Infringement Case Against Yahoo

    Nice timing, Acacia Research Corporation. The mother of all patent trolls patent acquisition, development and licensing company, which was profiled in depth by BusinessWeek just two days ago, this morning announced that it has been awarded a total of $12.4 million in a patent infringement case against Yahoo. On May 15th, 2009, a federal court jury decided that Yahoo’s messenger program… Read More