A Medical Device Daily
Acacia Research Corp. (ARC; Newport Beach, California) reported that its Cardio Access subsidiary has entered into a license agreement with Medtronic (Minneapolis) covering patents relating to medical devices. The agreement resolves litigation that was pending in the U.S. District Court for the Eastern District of Texas with respect to certain Medtronic products.
ARC's subsidiaries develop, acquire, and license patented technologies. They control more than 100 patent portfolios, covering technologies used in a wide variety of industries.