Patents are the new raw material.
Acacia Research announces they are buying 4G technology developer Adaptix for $160m.
"With patents filed as early as 2000, Adaptix's research and development efforts have resulted in one of the world's most significant intellectual property portfolios focused on 4G technologies," Acacia said in a statement.
Might be why Oberweis made Acacia one of their best stocks to own in 2012.
In my book, How To Find Big Stocks, I discuss how intellectual property is the new "raw material" for the U.S. economy and the Internet is the new manufacturing and distribution system.
A list of other patent play stocks.
The tool that turned $10,000 into $2,800,000 in 2 years. HowToFindBigStocks.com
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