Acacia Research Corp.’s sub makes licensing deal with Bentley
Developer of patented technologies Acacia Research Corp. (Nasdaq: ACTG) reported ahead of the bell that its Disc Link Corp. subsidiary has entered into a license agreement with Bentley Systems, Inc.
Under the licensing agreement with Bentley, Disc Link will cover patents related to portable storage devices with links. The agreement also resolves pending litigation concerning certain Bentley Systems products.
The portable storage devices with links technology relates to products sold or distributed on CDs or DVDs that include a link to retrieve additional data via the Internet.
Shares of Acacia were halted in pre-market trading.
