What do you do if you're a known patent troll and a major company announces a new device that is sure to sell millions of units? Try to sue the heck out of them, of course. That's exactly what's going on with Amazon's upcoming Kindle Fire, the still-unreleased tablet from the online retail giant.
The story goes a little something like this: Amazon announces the Fire for an ultra-affordable price. Everyone is happy and wants this new device, so pre-orders are through the roof. Acacia hears about this amazing new technology and, being an innovation-stifling patent troll, decides to hit Amazon with some patent violations.
So, here's the long and short of it at the current time: Acacia is using several patents held by its child company Smartphone Technologies against Amazon, including one that basically covers every touchscreen device known to man.
Acacia are no doubt looking for a massive settlement from Amazon, so they can in turn go buy more companies' patents and use those to do it all over again. We'll just have to wait and see what happens.