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Patent troll Acacia gets its first day in court...and loses

Acacia is a troll. A poorer one now.

Matt Asay Contributing Writer
Matt Asay is a veteran technology columnist who has written for CNET, ReadWrite, and other tech media. Asay has also held a variety of executive roles with leading mobile and big data software companies.
Matt Asay

I failed to see this last week, but Acacia Research, the patent troll that recently went after Red Hat and Novell, got its first day in court with a Texas jury and lost. Big time. It was seeking $900 million in damages, as paidContent notes, and instead got 35 percent of its stock price chopped.

I weep for Acacia. OK. Maybe not. Looking at this stock chart, I will admit that a smile has played across my face:

Google Finance

Still, not to be dissuaded by things like truth and right, Acacia has filed another suit against Microsoft and Apple (word processing this time). The trolls you will always have with you.