WiLAN Subsidiary Enters into License Agreement with Toshiba
OTTAWA, CANADA-- Dec. 30, 2015 - WiLAN (TSX:WIN) (NASDAQ:WILN) today announced that the Company's subsidiary, Collabo Innovations, Inc., has entered into a patent license agreement with Toshiba Corporation relating to image sensing technology, which is used in electronic devices such as smartphones, tablets and cameras. WiLAN acquired the portfolio from Panasonic in 2013.
The license resolves litigation pending in the District of Delaware. The consideration paid to WiLAN and other terms of the license agreement are confidential.
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. 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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