Acacia Research Corporation, a massivepatent holding group with dozens of subsidiaries in the business of exploiting intellectual property by means of lawsuits and aggressive patent licensing schemes, this morningannounced that it has acquired ADAPTIX, a 4G wireless technology company that originally started out in 2000 under the name Broadstorm and was owned by PE firm Baker Capital.
Acacia Research is paying $160 million for the company, which has $10 million in cash, primarily to obtain ADAPTIX’ portfolio of 230 issued and pending patents in 13 countries.
The patents in question are said to cover a broad range of 4G technologies, including OFDMA andMIMO.
Guess what’s going to happen next.
Source:http://techcrunch.com/2012/01/13/patent-troll-buys-adaptix-and-its-4g-technology-patents-for-160m/
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