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Acacia Research Corporation, intends to acquire undervalued businesses primarily in technology, life sciences, industrial, and financial services segments in the United States. Its portfolio comprise business methods; communication systems; consumer products; drug discovery and formulation; e-commerce; electronics; industrial processes; manufacturing processes; medical devices and equipment; networking systems; personal care products; semiconductors and materials; software. The company was founded in 1993 and is headquartered in Newport Beach, California.