RE:RE:RE:RE:RE:RE:RE:What's behind this move??Perhaps. Certainly, it would definitely have an impact in the short term. Acacia is quite a mess right now. I was just wondering if this might be a good opportunity for long term growth. Acacia has some pretty good patents in its portfolio. Skippen and his team could potentially turn things around by leveraging their own business model, partnerships and legal relationships to bring greater value to the Acacia portfolio then Acacia seems to be able to do right now. Of course, it would take some time to make this model work.
At any rate, this is all a mute point. Skippen has already indicated in a recent conference that he doesn't see value to mergers of this sort. I think he also agreed with your point about simply buying up cheaply priced portfolios given the market conditions and using those to grow larger as a company. Certainly there are a ton of opportunities out there.
But Acacia is probably deeply undervalued right now, and I am not sure if there would be an opportunity like this again to pick up its large patent portfolio at such a reduced price. But perhaps it is indeed better as you say if Skippen doesn't touch this. The Mossaid bid a few years back was a complete disaster.
Does anyone know if there was any news that might explain they drop today?