Acacia Unit, Optics Co. Reach Deal Over LED Patent

Law360, New York (March 3, 2010, 12:03 PM EST) -- A unit of Acacia Research Corp. announced Wednesday it had signed a licensing agreement with Ledil Oy, allowing the Finland-based semiconductor optics manufacturer to exit a patent infringement suit over technology for light-emitting diodes.

The settlement is the first to come out of two suits that Light Transformation Technologies LLC filed in November in the U.S. District Court for the Eastern District of Texas accusing a slew of companies that make LED-related optical products of infringing its patent.

Acacia, which claims to control over 140 patent...
To view the full article, register now.