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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  FORM 10-Q/A


                   QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
                         OF THE SECURITIES ACT OF 1934

For the Quarter Ended September 30, 1996            Commission File No. 0-26068


                          ACACIA RESEARCH CORPORATION
                            A California Corporation
                   IRS Employer Identification No. 95-4405754
                12 S. Raymond Avenue, Pasadena, California 91105
                            Telephone (818) 449-6431


Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant  was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.  Yes     X      No      .
                                                       ---        -----
At September 30, 1996, 1,930,672 shares of common stock of the Registrant were
outstanding.
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The Registrant amends its Form 10-Q for the period ending September 30, 1996 to
add the following:

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

ACACIA RESEARCH CORPORATION


By:  /s/  R. BRUCE STEWART
     ------------------------
     R. Bruce Stewart
     President and Treasurer (principal financial officer)

Date:  November 13, 1996





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