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Stock Market & Financial Investment News

News Breaks
May 27, 2013
10:29 EDTWILN, DELLWi-LAN and Dell sign license agreement and settle litigation
Wi-LAN (WILN) announced that Dell (DELL) and WiLAN have signed a license agreement to settle patent litigation. Dell has obtained a license to a subset of wireless patents for certain wireless products and the litigation between the two companies will be dismissed. Terms of the agreement are confidential.
News For WILN;DELL From The Last 14 Days
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September 2, 2015
10:02 EDTWILNWi-LAN subsidiary enters into license agreement with Lexmark
WiLAN (WILN) announced that the company's subsidiary, Open Network Systems, has entered into a patent license agreement with Lexmark (LXK). The licensed patents relate to networking capabilities of non-standard devices. The licensed technologies enable devices, including point of sale terminals, printers and smart TVs, to communicate on a network. WiLAN had acquired these patents through a licensing partnership in April 2014. The license resolves litigation pending in the District of Delaware. The consideration paid and the terms of the license agreement are confidential. Under its licensing partnership model, WiLAN typically offers little to no upfront payment to acquire portfolios. Patent vendors receive all or most of their compensation once WiLAN has successfully licensed the relevant portfolio.

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