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Acacia Research Corporation
Acacia Research Subsidiary, Creative Internet Advertising Corporation, Receives Jury Verdict Awarding $6.6 Million in Patent Infringement Case
June 5th, 2009
On May 15, 2009, Acacia Research Corporation’s (Nasdaq:ACTG) subsidiary, Creative Internet Advertising Corporation, received a jury verdict of infringement and an award of damages in its patent infringement trial with Yahoo! Inc. pending in the District Court for the Eastern District of Texas, Tyler Division. The federal court jury returned a unanimous verdict that Yahoo! Inc.’s messenger program with IMVironments infringes United States Patent Number 6,205,432 (the “’432 patent”), both literally and under the Doctrine of Equivalents and awarded damages in the amount of $6,625,584. The jury in Civil Action Number 6:07cv354 also returned a unanimous...
Source: Health Business Week (2009-06-05)
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