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

  • Xerox Licence Plate Recognition (XLPR) technology on show
    October 22, 2012
    Xerox is playing a leading part in the ITS World Congress this week through its presence in two executive, six special interest, and one technical session, as well as the company’s sponsorship of the VIP room. The company says it is using the event to underline its status as a global leader in business process and information technology services and the largest provider of mobility solutions to governments worldwide. As Xerox points out, for over 40 years it has worked together with transportation clients i
    Read More
  • Executive leadership change at Image Sensing Systems
    August 14, 2012
    Image Sensing Systems (ISS) announced yesterday that Kenneth R. Aubrey’s employment as president and chief executive officer (CEO) of Image Sensing Systems has been terminated, effective immediately. The board has named Kris B. Tufto, a member of Image Sensing Systems’ board, as interim president and CEO. Tufto has served as a member of the board since September 2011. He will continue to serve on the board, but will step down from the three board committees because his role as interim president and CEO posi
    Read More
  • Executive leadership change at Image Sensing Systems
    August 14, 2012
    Image Sensing Systems (ISS) announced yesterday that Kenneth R. Aubrey’s employment as president and chief executive officer (CEO) of Image Sensing Systems has been terminated, effective immediately. The board has named Kris B. Tufto, a member of Image Sensing Systems’ board, as interim president and CEO. Tufto has served as a member of the board since September 2011. He will continue to serve on the board, but will step down from the three board committees because his role as interim president and CEO posi
    Read More
  • When caring about sharing is good business for US automakers
    October 28, 2015
    Although car-sharing and ride-sharing could drastically reduce car sales, David Crawford finds some US automakers are keen to participate in the sharing economy. Growing consumer interest in car- and ride-sharing, as opposed to outright ownership, and ride-sharer Uber’s recently stated intention to make its brand competitive with ownership on cost, are making the major US automotive manufacturers think seriously about their future sales prospects. Some have already begun exploring ways of entering the field
    Read More

Highlighted Content