Wi-LAN Completes Series of Patent Acquisitions

                                                   Company adds over 200 patents to its portfolio

OTTAWA, Canada — May 13, 2009 — Wi-LAN Inc. (“Wi-LAN” or the “Company”) (TSX:WIN), a leading technology innovation and licensing company, today announced that the Company has completed a series of acquisitions that will add over 200 patented inventions to its portfolio. The acquisitions increase the size of Wi-LAN’s portfolio to over 520 issued and pending patents.

The Company has acquired patented technologies from several companies including Airspan Networks Inc., Infineon Technologies AG and Technology Research Laboratories. The inventions being acquired relate primarily to wireless mobile networking, image processing, biometrics, optical networking and multi-antenna wireless systems.

The transactions were completed in the second and third quarters of fiscal 2009. The aggregate amounts to be paid to all parties for the patents acquired are US $13.5 million in the third quarter of fiscal 2009 and US $2.5 million in each of the next three quarters. All other terms of the acquisition agreements are confidential.

“These acquisitions are an important investment in our business and our future. They will serve to strengthen our wireless program significantly, and will also permit the development of new licensing programs,” said Jim Skippen, Chairman & CEO. “Our large cash balance, and continuing business success, enables us to make these purchases and still maintain a very strong cash position.”

About Wi-LAN

Wi-LAN, founded in 1992, is a leading technology innovation and licensing company. Our portfolio of patented inventions applies to a wide range of consumer electronics and communications products. Technologies in Wi-LAN’s patent portfolio may relate to: CDMA, DOCSIS, DSL, multi-mode wireless, V‑Chip, Wi-Fi and WiMAX. Wi-LAN has a large and growing portfolio of more than 520 issued or pending patents. Wi-LAN has licensed its intellectual property to over 170 companies. For more information: www.wi-lan.com.



Contact:

Tyler Burns
Director, Investor Relations & Communications
O: 613.688.4330
C: 613.697.0367
E: Email Contact




Review Article Be the first to review this article
SolidCAM: SolidCAM SEE IT LIVE

Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Blockchain For The Manufacturing Supply Chain
Jobs
System Designer/Engineer for Bluewater at Southfield, MI
Mechanical Design Engineer 3 for KLA-Tencor at Milpitas, CA
Sr Mechanical Design Engineer for Medtronic at mounds view, MN
Avionics System Engineer for BAE Systems Intelligence & Security at Arlington, VA
Senior Mechanical Engineer for BAE Systems Intelligence & Security at Arlington, VA
Geospatial Analyst - Senior for BAE Systems Intelligence & Security at Springfield, VA
Upcoming Events
Formlabs LA 3D Printing Roadshow at Munky King Lost Angeles CA - Feb 8 - 9, 2018
ESPRIT World 2018 at Indianapolis Marriott Downtown 350 West Maryland Street Indianapolis IN - Jun 11 - 15, 2018
HxGN LIVE 2018 at The Venetian Las Vegas NV - Jun 12 - 15, 2018
IMTS2018 International Manufacturing Tech Show at McCormick Place Chicago IL - Sep 10 - 15, 2018
Tebis



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise