Acacia Research to Receive Royalties From Manufacturer of Loewe Television Brand
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--July 22, 2002--Acacia Research Corporation (Nasdaq:ACRI) announced today that its wholly owned subsidiary, Soundview Technologies, has granted a non-exclusive license of its U.S. Patent 4,554,584 and will receive payment from Loewe Opta Gmbh, a manufacturer of televisions sold under the Loewe brand name. Loewe becomes the thirteenth licensee of Soundview's V-chip technology.
Soundview also has granted non-exclusive licenses to Philips Electronics, Hitachi, Samsung Electronics, Funai Electric, Sanyo Manufacturing, L.G. Electronics, Daewoo, Thomson Multimedia, Matsushita, Orion Electric and JVC and settled its lawsuit with Pioneer Electronics. Soundview's patent relates to television video and audio blanking technology, commonly known as V-chip technology. |
