Acacia Research Corporation announced today that its Acacia Technologies group has entered into its 200th license agreement for its Digital Media Transmission (DMT) technology. These licenses include 25 cable TV companies, 12 of which have signed DMT license agreements in the last three weeks.
"We continue to make great progress with our DMT licensing program. What is most exciting is the accelerating growth in the use of our DMT technology. Cable TV companies are continuing the transition to receiving content in digital form, are reporting rapid adoption of video-on-demand by their subscribers, and are rolling out digital ad insertion services for targeted television advertising," said Paul Ryan, Acacia's Chairman and CEO.
"Telephone companies have recently announced plans to deliver video to over 21 million homes via fiber-optics, and wireless companies have announced they will be offering full motion video-on-demand with the new 3G technology. These new markets are creating additional opportunities to derive revenues from our DMT patent portfolio," concluded Mr. Ryan.
In addition to the cable TV licenses, Acacia has entered into over 170 licenses for online entertainment, movies, music, news and sports, as well as e-learning and corporate websites. Acacia has also licensed the leading companies that provide over 90% of video-on-demand TV entertainment for the hotel industry in the United States.
Acacia has recently launched the licensing program for its Internet Access Redirection ("IAR") technology covering redirected Internet registrations commonly used at wireless hotspots and hotels, and is evaluating the acquisition of additional patent portfolios for licensing.