World News: Acacia acquires rights to vehicle location technology patent

World News: Acacia acquires rights to vehicle location technology patent

Acacia Patent Acquisition Corp has acquired rights to a patent relating to vehicle location technology.

This patented technology generally relates to systems capable of locating vehicles and providing subsequent services from a remote location.

It covers satellite-based location systems, and is applicable to vehicle tracking, vehicle assistance and other similar services.

According to Acacia chairman & CEO Paul Ryan, more companies are selecting Acacia as their partner for the licensing of their patented technologies, and the company continues to expand its base of future revenues by adding new patent portfolios.


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