PLANO, TX--(Marketwired - Mar 14, 2016) - ARC Acquisition Company, LLC and its affiliate Uniloc Luxembourg S.A. ("Uniloc"), is pleased to announce its communication to the Board of Directors of Acacia Research Corporation (
"Uniloc spent several years developing a proprietary technology platform and business model which allows us to operate at comparatively higher margins and lower costs, in almost every respect. We look forward to bringing this technology to scale with Acacia's patent assets and business," said Uniloc CEO and co-founder Craig Etchegoyen. He further stated, "The ability to leverage this technology to acquire high-quality patents at a comparatively low cost, and then to augment their value through internal development of additional complementary patents, allows for a lower-cost and more-productive patent base. The technology further supports a reduced cost of outside legal and other experts in the enforcement process. These together provide a foundation for significantly higher profit margins, and operations with much lower overhead at scale. We fully expect that this operational model, coupled with Uniloc's history of successes in enforcement matters, can bring similar results to Acacia. We continue to strongly believe in the profitability of patent licensing, but only when leveraged off a fully-developed and modern technology base. I look forward to meeting with Acacia's board of directors to discuss the path forward."
Uniloc is a patent development, acquisition and enforcement company with a broad set of patent portfolios. Over 60% of the Company's approximately 300 patent portfolios were developed internally.
Safe Harbor Statement
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