Wi-LAN Comments on Recent Market Activity
Wi-LAN remains in discussions on a number of initiatives, including the acquisition of patents, although all such discussions remain preliminary at this time. Wi-LAN is also in negotiations with a number of companies which have expressed an interest in its Early License Program. Under the Program, Wi-LAN is offering patent licenses at reduced rates to those companies who conclude license agreements by July 31, 2007.
Wi-LAN is continuing its activities in accordance with the previously announced non-binding letter of intent to merge with Tri-Vision International Ltd. (“TVL”). The companies agreed to extend the exclusivity period from April 27, 2007 to May 11, 2007 in order to allow both parties to complete due diligence and finalize an acquisition agreement.
In the view of Wi-LAN’s management, recent decisions of the U.S. Supreme Court do not materially impact the Company’s licensing program.
About Wi-LAN Inc.
Wi-LAN, founded in 1992, licenses intellectual property that drives a full range of products providing access in wireless and wireline telecommunications markets. Some of the fundamental technologies covered by Wi-LAN’s patents include: CDMA, Wi-Fi, WiMAX and DSL. Wi-LAN has already licensed its intellectual property to a number of major companies, including Cisco, Fujitsu and Nokia.
|
Related News
- Wi-LAN Litigation Update
- Wi-LAN Reports Third Quarter 2008 Financial Results
- Wi-LAN and Texas Instruments Agree to Without Prejudice Dismissal
- Wi-LAN Amends Complaint to Add LG to Litigation Against Motorola, RIM and UTStarCom
- Wi-LAN Initiates Litigation Against Motorola, RIM and UTStarCom / Company confirms settlement of Marvell Dispute
Breaking News
- Omni Design Technologies Joins Intel Foundry Accelerator IP Alliance
- Efabless Announces the Release of the OpenLane 2 Development Platform, Transforming Custom Silicon Design Flows
- TSMC Reports First Quarter EPS of NT$8.70
- Brisbane Silicon publishes DPTx 1.4 IP Core
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
Most Popular
- U.S. Subsidy for TSMC Has AI Chips, Tech Leadership in Sight
- Cadence Unveils Palladium Z3 and Protium X3 Systems to Usher in a New Era of Accelerated Verification, Software Development and Digital Twins
- Zhuhai Chuangfeixin: OTP IP Based on 90nm CMOS Image Sensor Process Technology Successfully Mass Production
- Silvaco Announces Expanded Partnership with Micron Technology
- OPENEDGES Unveils ENLIGHT Pro: A High-Performance NPU IP Quadrupling its Previous Generation's Performance
E-mail This Article | Printer-Friendly Page |