Acacia Research Tops Deloitte's Orange County Technology Fast 50 Ranking of Fastest-Growing Technology Companies
Published: 10/11/05
Contact: Yi-Fang Kryger
Deloitte & Touche LLP
213 553 1944
COSTA MESA, Calif., October 11, 2005 — Acacia Research Corporation, a Newport Beach-based company that develops, acquires, and licenses patented technologies, tops the list of the fastest growing technology companies in Orange County as recognized by Deloitte & Touche LLP at an award event held October 11 at the Hyatt Regency in Irvine. Called the “Orange County Technology Fast 50,” the annual award program ranks technology companies located in Orange County by revenue growth.
“The past five years have been a rollercoaster ride for technology companies,” said Fred Poska, Partner in the Technology, Media & Telecommunications (TMT) Group at Deloitte based in Costa Mesa. “The companies on the Deloitte Orange County Technology Fast 50 have shown they can prosper in challenging economies and marketplaces. Deloitte is pleased to recognize their achievements.”
Winners are selected based on percentage revenue growth over five years from 2000 to 2004. To be considered, Technology Fast 50 entrants must: have operating revenues of at least $50,000 in 2000 and at least $1,000,000 in 2004; be headquartered in Orange County; be a “technology company,” defined as a company that owns proprietary technology that contributes to a significant portion of its operating revenues or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify. Subsidiaries and divisions are not eligible, unless they have some public ownership and are separately traded.
2005 RankCompany NameCity5yr % GrowthTicker12
Masimo Corporation
Irvine
390%
Private
The Orange County Technology Fast 50 sponsors include Deloitte & Touche LLP, Focus Creative Group, Comerica, CRESA Partners, D.L.D. Insurance Brokers, Merrill Corporation, McDermott & Bull and Strading Yocca Carlson & Rauth, in association with AEA, Software Council of Southern California and Promotions by Design.
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