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WiLAN Enters Into Settlement and License Agreement With Texas Instruments
OTTAWA, CANADA-- March 12, 2015 - WiLAN (TSX:WIN)(NASDAQ:WILN) today announced that the company's subsidiary, PLL Technologies, Inc., has entered into a settlement and license agreement with Texas Instruments Incorporated ("Texas Instruments"). The license relates to patented phase locked loop technology used in a wide range of semiconductor products. The agreement resolves litigation that was pending in the United States District Court for the District of Delaware.
The consideration to be paid to WiLAN and all other terms of the license agreement are confidential.
On February 26, 2015, WiLAN issued a press release announcing a separate license agreement with Texas Instruments related to patented microcontroller technology.
About WiLAN
WiLAN is one of the most successful patent licensing companies in the world and helps companies unlock the value of intellectual property by managing and licensing their patent portfolios. The Company operates in a variety of markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies. WiLAN's wholly-owned subsidiary, WiLAN Labs, develops and commercializes innovative solutions to the challenges facing next generation communication networks. Founded in 1992, WiLAN is listed on the TSX and NASDAQ and is included in the S&P/TSX Dividend and Dividend Aristocrats Indexes. For more information: www.wilan.com.
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