Wi-LAN Enters into License Agreement with Ericsson

Quarterhill (TSX:QTRH) has announced that its wholly-owned subsidiary, Wi-LAN has entered into a wireless patent license agreement with Ericsson.

As quoted in the press release:

The license agreement resolves the LTE wireless litigations pending between WiLAN and Ericsson in the Southern District of Florida and the Eastern District of Texas.  The consideration and all other terms of the license agreement are confidential.

Click here to read the full press release.

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