Company description
ACTG, or Acacia Research Corporation, is a publicly traded intellectual property investment firm (NASDAQ: ACTG). Founded in 1993, the company's main objective is to acquire and develop patent portfolios for licensing or sale in the technology, life sciences, and industrial industries. Acacia Research Corporation has over 300 active patent portfolios, and has successfully licensed their technologies to over 1,500 companies around the world. In addition to patent licensing, the company also invests in early-stage technologies through their subsidiary, Acacia Research Group, providing capital and support to startups and entrepreneurs. Acacia Research Corporation is recognized as a leader in the patent licensing industry, with a track record of driving significant returns for their investors. The company's success is attributed to their focus on high-quality patents, strategic partnerships, and their ability to effectively monetize their intellectual property. With a strong leadership team and a diverse portfolio of patent assets, ACTG continues to thrive in the dynamic and ever-changing technology landscape.