Acacia Patent Acquisition Corporation, a subsidiary of the Acacia Technologies group, a leader in technology licensing, announced its acquisition of the rights to a patent portfolio for imaging technology that stabilizes medical images for diagnostic procedures, as part of its efforts to build on the company’s licensing strategy.
The technology assists physicians in diagnosing conditions such as visualization of arterial lesions and for interventional procedures such as cardiac catheters and stents. According to Acacia Chairman and CEO, Paul Ryan, the company is “serving an unmet need in the market for companies that want to generate revenue from the licensing of their patented technologies. Acacia’s licensing success is attracting more companies that are selecting us as their partner.”

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