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.”
