December 7, 2013 Sections
The Canadian Press - ONLINE EDITION
OTTAWA - Wi-LAN Inc. (TSX:WIN) has announced settlement deals with two well-known American companies, the latest in a recent spate of such agreements.
In its latest announcement Tuesday, the Ottawa-based patent-licensing firm said settlements had been reached with both Hewlett-Packard Co. and Novatel Wireless Inc.
The deals end litigation with both California-based companies.
Financial terms were not disclosed.
Last week, Wi-LAN Inc. announced a settlement deal with Sierra Wireless Inc. (TSX:SW), a day after disclosing a deal with BlackBerry (TSX:BB).
Wi-LAN, founded in 1992, has licensed its intellectual property to more than 270 companies worldwide that manufacture or sell a wide range of communication and consumer electronics products.