Latest news about Acacia
Here are some of the most recent media mentions. Use them in your sales prospecting to qualify a prospect's buyer intent and personalize outreach with the latest company updates
Acacia Research Corporation (NASDAQ: ACTG) reported its third quarter 2024 financial results, showing a 131% year-over-year increase in consolidated revenue to $23.3 million. The company acquired Deflecto for $103.7 million, which is expected to be immediately accretive to free cash flow and earnings per share. As of September 30, 2024, Acacia had $280 million in cash reserves and a GAAP net loss of $14.0 million[1].
Acacia Research Group finalized the acquisition of Deflecto Acquisition, Inc., the parent company of IDL Displays, on October 18, 2024, for $103.7 million. This acquisition is expected to enhance IDL Displays' product development, manufacturing capabilities, and financial stability, positioning the company for significant growth and innovation[1][2][5].
Acacia Research Corporation acquired Deflecto Acquisition, Inc., the parent company of IDL Displays and a specialty manufacturer of products for commercial transportation, HVAC, and office markets, for $103.7 million on October 18, 2024. This acquisition is expected to generate $128-$136 million in revenue in 2024, enhance Acacia's financial position, and drive growth through operational synergies and expanded manufacturing capabilities[1][2].
Open job positions at Acacia
This company is actively hiring to fill these roles. Use this for sales prospecting if your solution assists, augments, or provides an alternative for the growing team and position.
DVT - Client Optics - Acacia
DSP Engineer - coherent optical communications - Acacia

