Acacia Unit, Horizon Reach Deal In Patent Spat

Law360, New York (January 20, 2009, 12:00 AM EST) -- Acacia Research Corp. subsidiary Telematics Corp. and Horizon Technologies LLC have reached an agreement that should end Horizon's involvement in a patent suit Telematics filed over technology related to displaying mobile vehicle information on a map.

Acacia said Tuesday that the parties had come to terms on a license agreement resolving patent litigation in the U.S. District Court for the Northern District of Georgia.

On Jan. 12, Telematics and Horizon filed a consent motion saying they had reached an agreement in principle to settle their differences...
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