Acacia Research Corporation released its second quarter financial results this week, reporting over $8M in IP revenue and a repayment of $50M in notes to hedge fund Starboard Value (to which Acacia paid another $55M in notes subsequent to the end of Q2). Finalized in early 2020, Acacia’s partnership with Starboard—which was followed by a marked increase in Acacia’s acquisition and assertion of patents—will now be revisited and possibly expanded, according to CEO Clifford Press. Meanwhile, Acacia’s litigation campaign asserting former Yahoo patents saw a flurry of activity during the second quarter.