Acacia subsidiary acquires over 300 patents for automotive safety, navigation and diagnostics technologies

Acacia Research Corporation has announced that a subsidiary has acquired over 300 patents from Automotive Technologies International (ATI) relating to numerous automotive safety, navigation and diagnostics technologies.
March 13, 2012 Read time: 1 min
3828 Acacia Research Corporation has announced that a subsidiary has acquired over 300 patents from Automotive Technologies International (ATI) relating to numerous automotive safety, navigation and diagnostics technologies.

ATI’s patent portfolio was ranked in the Top 50 and #1 in Research Intensity according to The Patent Board’s Automotive & Transportation Patent Scorecard for January of 2012.

 “We are excited to be working with Acacia to licence ATI’s patents,” said Dr. David Breed, president and chairman of ATI. “ATI spent years exploring various options for monetising our innovations before turning to Acacia based on their technical depth and expertise in patent licensing. We believe Acacia is the ideal partner to unlock the value in our IP portfolio, which is the result of years of significant investment in R&D.”

For more information on companies in this article

Related Content

  • Umovity: Revolutionising mobility through innovative technologies
    December 1, 2023
    United under the brand Umovity, PTV Group and Econolite join forces and introduce their new combined Mobility Tech Suite. The companies’ CEO Christian U. Haas explains the details
    Read More
  • Verra Mobility to buy Redflex for $113m
    January 22, 2021
    Deal is set to go through in May and will create 'enhanced global reach', says Verra
    Read More
  • TRL acquires TTR
    April 15, 2014
    The UK’s Transport Research Laboratory (TRL) has announced its acquisition of Transport & Travel Research Limited (TTR), making it a wholly owned subsidiary of TRL. TRL has been a minority shareholder in TTR since 2010, building a close and successful partnership between the two companies. TTR will continue to operate as an independent organisation. TTR’s chairman, David Blackledge has stepped down from the board to take on a role as Special Advisor, while TRL's chief executive, Rob Wallis, is appointed
    Read More
  • Getaround acquires Drivy in $300m deal
    April 30, 2019
    US car-share company Getaround has acquired European competitor Drivy in a $300 million deal, expanding its presence into France, Germany, Spain, Austria, Belgium and the UK. Getaround says the deal allows drivers in Europe to earn money by making their car available to rent on its service. Getaround’s patented technology platform - Getaround Connect - enables users to locate and unlock cars using their smartphone. Meanwhile, Drivy offers a smart unlock function – a connected technology which removes the
    Read More

Highlighted Content