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WiLan Enters into License Agreement with Broadcom

Published: 2023-09-27 13:00:00 ET

Ottawa, Ontario--(Newsfile Corp. - September 27, 2023) - Wi-LAN Inc. ("WiLAN") announced today that WiLAN and its subsidiaries, including Polaris Innovations Limited, have entered into a license and settlement agreement with Broadcom Inc. ("Broadcom").

Broadcom has obtained a license to patents owned by WiLAN and its subsidiaries. The agreement also includes the settlement and dismissal of all pending patent litigation between the parties in the United States and Germany.

All other terms of the license agreement are confidential.

Contact information:

Email: info@wilan.com Telephone: 613-688-4900

WiLAN is a successful licensing company that helps companies unlock the value of intellectual property by acquiring, 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 was recently acquired by Owlpoint IP Opportunities JVF I LP, a joint venture between Arena Investors, LP and Owlpoint Capital Management, LLC. For more information, please visit www.wilan.com, www.arenaco.com and www.owlpointcapital.com.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/181946

SOURCE Wi-LAN Inc.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.