Effingham, IL—March 31, 2016
ACACIA SUBSIDIARY ENTERS INTO SETTLEMENT AND PATENT LICENSE AGREEMENT WITH DEPUY SYNTHES PRODUCTS, INC. AND DEPUY SYNTHES SALES, INC.
Newport Beach, Calif. – (BUSINESS WIRE) March 31, 2016 – Acacia Research Corporation (NASDAQ: ACTG) announced today that its Bonutti Skeletal Innovations LLC subsidiary has entered into a settlement and patent license agreement with DePuy Synthes Products, Inc. and DePuy Synthes Sales, Inc. The agreement resolves litigation that was pending in the United States District Court for the District of Massachusetts.
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