Benzinga | Nov 10, 2021 09:21AM EST

Acacia Research Announces Licensing Agreement For Wi-Fi 6 Patents

Acacia Research Corporation (NASDAQ:ACTG) today announced that its subsidiary, Atlas Global Technologies LLC, has granted a license to Samsung Electronics Co., Ltd., related to Atlas Global's Wi-Fi 6 standard essential patents and resolved patent litigation between the two parties.

Acacia's Chief Intellectual Property Officer, Marc Booth, commented, "The rapid completion of the first Atlas Global license is a testament to the strength of its portfolio of Wi-Fi 6 standard essential patents."

Financial terms are confidential and will not be disclosed.