A subsidiary of Acacia Research Corporation has acquired the rights to a patent for evaluating diamonds and gemstones.

The patented technology uses computer models to generate faster and more accurate diamond and gemstone grading, explains a press release from Acacia Research, which partners with inventors and patent owners to license patents to corporate users and shares revenue.

"Acacia continues to grow its base of future revenues by adding new patent portfolios,” comment Paul Ryan, Acacia chairman. “As our licensing success grows, more patent owners are selecting us as their partner for the licensing of their patented technologies.”