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Stock Market & Financial Investment News

News Breaks
July 8, 2014
09:02 EDTWILNWi-LAN acquires patents from memory company
Wi-LAN announced that one of its subsidiaries has entered into an agreement with a non-volatile memory company to acquire a portfolio of related patents used widely in electronic devices. Ownership of the patents has been transferred to a WiLAN subsidiary, which now has the exclusive right to license the acquired patents.
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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