Handhelds for item identification

NEWPORT BEACH, US: Acacia Research Corporation announced that a subsidiary has acquired the rights to a patent for identifying items using a handheld device. This patented technology generally relates to capturing information from a source and providing items based on such information.

"As Acacia's licensing success grows, an increasing number of technology companies are selecting us as their partner for the licensing of their patented technologies," commented Paul Ryan, Acacia Chairman and CEO. "Acacia is rapidly becoming the leader in technology licensing and we continue to grow our base of future revenues by adding new patent portfolios," concluded Ryan. 

Acacia Research’s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue. Acacia Research’s subsidiaries control over 150 patent portfolios, covering technologies used in a wide variety of industries.