Siemens Exits Acacia Software Patent Action

Law360, New York (August 30, 2011, 5:18 PM EDT) -- Acacia Research Corp. announced Tuesday that it had settled its patent infringement claims against Siemens PLM Software Inc., the last of seven defendants to exit the Texas suit over product life cycle management software.

If approved, the undisclosed settlement would resolve a complaint filed last year by Acacia subsidiary Kellstrom Integration Solutions LLC that targeted Siemens’ Teamcenter line of product life cycle management software. The software, also called PLM, allows companies to manage the entire life cycle of a product from conception to manufacture, according to...
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