Acacia SP Surge For those skeptical on the impact of IP monetization attempts, take a look at ACTG. ACTG benefits from visibility of teh sector in the USA, something Wilan was never able to achieve. Through much of 2020, QTRH had a market cap 10% to 20% greater than ACTG. However, since the late fall, the price of Acacia has almost doubled and ACTG now is +25% vs. QTRH.
This note from RPX points to the reason:
Last year saw publicly traded Acacia Research Corporation amass a sizeable stockpile of patents, with CIO Al Tobia Jr., in a November 2020 earnings call, declaring that Acacia’s “IP team has been hard at work with our four previously acquired portfolios and we are on track to deliver the returns that we anticipated when we acquired these assets earlier this year and late last year”. Here, at the end of January, the company has kicked off the new year with litigation from that stockpile, both R2 Solutions LLC and Stingray IP Solutions LLC launching Acacia’s first new campaigns since last June.