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Sunday, January 29, 2012

PATENT HOLDING COMPANY BUYS 4G PIONEER

➤ Patent holding company Acacia Research, based in Newport Beach, Calif., has
purchased the Dallas-based company Adaptix for $160 million. Founded in 2000,
Broadstorm was responsible for developing some of the early technology upon
which today’s 4G wireless broadband technologies are based. Broadcom became
Adaptix and continued in the area of 4G development. Now, said Acacia CEO Paul
Ryan in a statement, “Acacia’s acquisition provides our shareholders with a great
opportunity to participate in the worldwide growth of 4G wireless technologies as
Acacia continues to expand its patent licensing business.”

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