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

  • Autumn budget: EV charging infrastructure fund and higher tax rates for diesel vehicles
    November 23, 2017
    Chancellor of the Exchequer Philip Hammond has announced a £400m ($532m) charging infrastructure fund for electric vehicles (EVs), an extra £100m ($133m) investment in Plug-In-Car Grant, and a £40m ($53m) in charging R&D in the UK’s Autumn Budget 2017. He added that laws need to be clarified so that motorists who charge their EVs at work will not face a benefit-in-kind charge from next year.
    Read More
  • Potential to charge an EV in minutes claim
    April 17, 2012
    The University of Illinois at Urbana-Champaign has entered into a licensing agreement with Xerion Advanced Battery Corp. under which Xerion has the exclusive right to bring the University’s StructurePore battery-charging technology to the market. The StructurePore technology was developed by Paul Braun, Ph. D., of the Department of Materials, Science & Engineering at the University of Illinois, who is presently also an officer and director of Xerion. He and his colleagues believe that the StructurePore tech
    Read More
  • VOXX International completes Hirschmann Car Communication acquisition
    March 22, 2012
    VOXX International Corporation has completed its acquisition of Car Communication Holding GmbH and its worldwide subsidiaries (Hirschmann) for a total purchase price of approximately US$112 million, plus related transaction fees, expenses and working capital adjustments. In 2011, Hirschmann sales were approximately US$199 million, representing a 16% increase over the prior year. Management believes, based on the company's existing pipeline of booked business through 2016 and anticipated global market oppor
    Read More
  • US economic stimulus package highlights ITS technology
    July 17, 2012
    US Secretary of Transportation Ray LaHood talks to ITS International about economic stimulus funding and the absolute need to maintain and increase the use of technology in transportation. Of the total of $787 billion of funding announced under the American Recovery and Reinvestment Act (ARRA), the economic stimulus package which was signed into law by US President Barack Obama on 17 February 2009, $48.1 billion will go to the US Department of Transportation (USDOT). Of that, $27.5 billion is for highway in
    Read More

Highlighted Content