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Extreme Makeover: From Patent Troll to the Belle of the Ball
Acacia Technologies has been a venture capital group, patent troll and now, a respected patent-holding company. Acacia's officials claim the company specializes in licensing for the little guys, but it's no longer small potatoes. Where Acacia once survived on small licensing fees from Internet pornography sites, the company now has hundreds of licensees including IBM, Intel and Nokia. Recent patent rulings may change some things, but Acacia has no plans to abandon its unique -- and profitable -- strategy.