Acacia grow with takeover

Acacia have agreed to take over Global Patent Holdings.

"On Thursday, the company agreed to buy Global Patent Holdings, an umbrella company whose various divisions, including TechSearch, have sued or struck patent licenses with Intel, Sony, Samsung and a myriad of smaller technology companies.

The deal would create a patent powerhouse which would own small pieces of dozens of different technologies, many of which are fundamental components of everyday Internet and personal technology businesses. The company said more acquisitions are likely."

These kinds of patent portfolio companies are going to have a major impact on the balance, such as it is, of the markets underpinned by intellectual property and I'm not sure it will be too positive.