Acacia Research Corporation operates as an acquirer and operator of businesses across industrial, energy, and technology sectors in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It functions through four key segments: Intellectual Property Operations, Industrial Operations, Energy Operations, and Manufacturing Operations. The Intellectual Property Operations segment invests in intellectual property and related assets, engaging in the licensing and enforcement of patented technologies. Industrial Operations focuses on designing and manufacturing printers, including hardware, embedded software, and consumable products like inked ribbons for various industrial printing applications. Energy Operations involves the acquisition, exploration, development, and production of oil and natural gas resources, primarily in Texas and Oklahoma. Manufacturing Operations produces items such as brochure holders, plastic injection-molded office supplies, air venting products, extruded vinyl chair mats, bicycle safety reflectors, and mud flaps for heavy-duty trucks. Founded in 1993 and headquartered in New York, New York, Acacia Research Corporation leverages its expertise, capital base, and industry relationships to drive value in these diverse sectors.