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Acacia -7%; CEO resigns, Northland downgrades

2015-12-22 18:06:06| Semiconductors - Topix.net

Four days after a jury ruled a patent asserted by Acacia's Adaptix unit against Alcatel-Lucent, AT&T Mobility, and two other firms was invalid and not infringed, Acacia announces CEO Matthew Vella has resigned . SVP/former i-banker Marvin Key will serve as interim CEO.

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