“Newport Beach, California-based Acacia Research Corp. (ACTG) acquires, develops, licenses, and enforces patented technologies. The company controls patent portfolios used in a wide variety of industries and has emerged as a leader in licensing patented technologies, executing over 960 license agreements across more than 90 technology license programs since its inception.
“Over the past 24 months, Acacia has been able to leverage increasing recognition as a patent licensing leader by acquiring larger patent portfolios and by striking large ‘comprehensive’ license deals with companies like Oracle (ORCL), Microsoft (MSFT) and Samsung. We expect additional large licensing deals in the future. Over the next year, we estimate revenue will grow 40% and earnings will climb even faster. Shares trade for 19x our forward estimate of $2.15 per share.”
Jim Oberweis, The Oberweis Report, 5/11
