WiLAN and Handset Manufacturer Sign Wireless License Agreement
OTTAWA, ON, Nov. 30, 2020 /CNW/ - Wi-LAN Inc. ("WiLAN"), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (OTCQX: QTRHF), today announced that an unnamed handset manufacturer, ranked in the top 20 in sales in the USA, has signed a multi-year license to WiLAN's wireless LTE patent portfolio. The license grants global rights covering wireless LTE handsets sold by the manufacturer. All other terms of the license agreement are confidential.
About WiLAN
WiLAN, a Quarterhill company, is one of the most successful patent monetization companies in the world and partners with its customers to unlock the value of intellectual property through various patent monetization models. WiLAN operates in a variety of markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies. For more information: www.wilan.com.
About Quarterhill
Quarterhill is a growth-oriented company in the Intellectual Property and Intelligent Transportation System (ITS) industries. Our goal is to pursue an investment strategy that capitalizes on attractive market trends in both ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information: www.quarterhill.com.
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SOURCE Wi-LAN Inc.
Dave Mason, T: 613.688.1693, E: [email protected]
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