Acacia Research Corporation announced today that IP Innovation, a wholly owned subsidiary that is a part of the Acacia Technologies group, has entered into a Settlement and License Agreement with Apple Inc. covering patents that relate to graphical user interface (GUI) systems. The Agreement resolves patent litigation that was pending in the District Court for the Eastern District of Texas with respect to certain Apple products.

Acacia Research Corporation comprises two operating groups, Acacia Technologies group and CombiMatrix group. Information about the Acacia Technologies group and the CombiMatrix group is available at http://www.acaciaresearch.com