Acacia Subsidiary Enters into Settlement and License Agreement with Osram Sylvania Inc.
Source/Type:  LIGHTimes Online - News - Staff reports

Author: LIGHTimes News Staff

July 6, 2010... Acacia Research Corporation of Newport Beach, California USA announced that its subsidiary, Light Transformation Technologies LLC, has entered into a settlement and license agreement with Osram Sylvania Inc. This agreement resolves litigation that was pending in the United States District Court for the Eastern District of Texas, Civil Action No. 2:09-cv-00354-TJW.

The patented technology in the litigation related to LEDs, and more particularly, to optical components which efficiently direct and redistribute light from a light source. Terms of the settlement and licensing agreement were not disclosed. However it is apparent that Osram Sylvania will get a license to use Light Transformation Technologies' patents related to optical components.

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