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Stock Market & Financial Investment News

News Breaks
April 2, 2014
06:32 EDTWILNWi-LAN subsidiary signs agreement with U.S. wireless carrier, terms confidential
Wi-LAN announced that a Wi-LAN subsidiary has entered into a license agreement with a wireless carrier in the United States for certain patents related to wireless network management. Terms of the agreement reached are confidential.
News For WILN 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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