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Patent troll Acacia gets its first day in court...and loses
Acacia is a troll. A poorer one now.
commentary
(Credit:
Google Finance)
I failed to see this last week, but Acacia Research, the patent troll that recently went after Red Hat and Novell, got its first day in court with a Texas jury and lost. Big time. It was seeking $900 million in damages, as paidContent notes, and instead got 35 percent of its stock price chopped.
I weep for Acacia. OK. Maybe not. Looking at this stock chart, I will admit that a smile has played across my face:
(Credit:
Google Finance)
Still, not to be dissuaded by things like truth and right, Acacia has filed another suit against Microsoft and Apple (word processing this time). The trolls you will always have with you.
