Wi-LAN Technology Corporation acquires substantial assets of Ensemble Communications
CALGARY, Canada â March 24, 2006 â Wi-LAN Technologies Corporation, the newly created patent licensing subsidiary of Wi-LAN Inc. (Wi-LAN or âthe Companyâ) (TSX:WIN), today announced the purchase of substantially all of the assets of Ensemble Communications Inc., based in La Jolla, California. This transaction is consistent with the Company âs strategy to focus its core business on its patent portfolio.
Under the terms of the agreement, Wi-LAN buys back the patent purchase and royalty commitment executed between Wi-LAN and Ensemble in 2004, which provided Wi-LAN with its current WiMax MAC patents. As part of the prior deal, Ensemble acquired licensing rights to the Wi-LAN patent portfolio, and significant revenue sharing on any licenses Wi-LAN sold in the future. Todayâs announcement in effect relieves the Company of these commitments. Wi-LAN also receives inventorsâ files, drawings and notes for other technology Ensemble was working on prior to its wind-up in 2004, as well as a license to a number of additional patents that are complementary to Wi-LAN's current portfolio.
âAs Wi-LAN continues to aggressively change its business plan to leverage its core assets, the removal of a license to our patent portfolio and the removal of revenue sharing provisions to Ensemble sets the stage for Wi-LANâs licensing initiatives, which are already formalized and well underway,â said Bill Dunbar, President and CEO, Wi-LAN Inc. âWi-LAN Technologies Corp. is the vehicle that will be negotiating licenses with companies in a number of markets this year that utilize Wi-LAN's many patented technologies including its fundamental US and Canadian patents in OFDM technology, and its global WiMax MAC patents. We will be making further announcements in this area imminently.â
Ensemble Communications will receive consideration for the transaction of 2,000,000 Wi-LAN common shares upon closing which is expected on March 31, 2006.
About Wi-LAN Inc.
Wi-LAN is transforming itself into a company focusing and capitalizing on the value of its patent portfolio. Its focus and assets are central to the WLAN and WiMAX markets where the Company believes its patented technology is necessary for devices using the IEEE 802.11a and 802.11g standards (the 2 nd generation Wi-Fi Alliance standards) and the implementation of WiMAX Forum Certified devices.
Wi-LAN is a charter member of the WiMAX Forum ( www.wimaxforum.org). Additional information on Wi-LAN can be found at www.Wi-LAN.com.
Related Semiconductor IP
- 12-bit, 400 MSPS SAR ADC - TSMC 12nm FFC
- 10-bit Pipeline ADC - Tower 180 nm
- Simulation VIP for Ethernet UEC
- Automotive Grade PLLs, Oscillators, SerDes PMAs, LVDS/CML IP
- CAN-FD Controller
Related News
- Andes Technology Further Expands Long-term Collaboration with Sequans Communications with AndesCore™ A25MP and N25F RISC-V CPU Core Licenses
- Sequans Expands Business Model with Technology IP Licensing and Engineering Services
- Metanoia Communications Selects Andes Technology RISC-V Processor to Boost 5G O-RAN Efficiency and Accelerate Development
- Andes Technology Advances High-Performance RISC-V Strategy with U.S.-based Design Center: Condor Computing
Latest News
- Qualitas Semiconductor Demonstrates Live of PCIe Gen 6.0 PHY and UCIe v2.0 Solutions at ICCAD 2025
- WAVE-N v2: Chips&Media’s Custom NPU Retains 16-bit FP for Superior Efficiency at High TOPS
- Quintauris releases RT-Europa, the first RISC-V Real-Time Platform for Automotive
- PQShield's PQCryptoLib-Core v1.0.2 Achieves CAVP Certification for a broad set of classical and post-quantum algorithms
- M31 Debuts at ICCAD 2025, Empowering the Next Generation of AI Chips with High-Performance, Low-Power IP