Acacia Research announces adoption of $100M stock repurchase program Acacia Research announced that the company's board has authorized a program for repurchases of shares of the company's outstanding common stock. The stock repurchase program will be put into effect immediately. Under the stock repurchase program, the company is authorized to purchase in the aggregate up to $100M of its common stock through the period ending May 15, 2013.
Acacia Research signs patent license agreement with Alcatel-Lucent USA Acacia Research's (ACTG) Labyrinth Optical Technologies subsidiary has entered into a settlement and patent license agreement with Alcatel Lucent (ALU) USA. The agreement resolves litigation that was pending in the U.S. Court for the Central District of California.