Organization: Wi-LAN Inc

Wi-LAN licenses patent portfolio for $49 million

Wi-LAN Inc, Ottawa, has received $15.2 million in cash and $34 million worth of patents from Finland’s Nokia Corp through its recently announced Early License Program. The agreement validates Wi-LAN’s decision to exit the manufacturing business and focus exclusively on licensing its patents which underly a wide range of wireless technologies. These include CDMA, Wi-Fi,…

Wi-LAN accelerates R&D with TPC assistance

Calgary-based Wi-LAN Inc is embarking on a $29-million R&D project to accelerate development of its wireless non-line-of-sight transmission technology, with $8.8 million in assistance from Technology Partnerships Canada (TPC). The one-time telecom stock darling specializes in providing broadband wireless communications products and technologies for businesses and telecom service providers. Its wideband-orthogonal frequency division multiplexing technology…