Wi-LAN Subsidiary Enters Patent Licence Agreement with Yokogawa Electric Corp.

Automation Middleware Solutions Inc., a subsidiary of Wi-LAN Inc. (TSE:WIN), has entered into a patent licence agreement with Yokogawa Electric Corp.
According to the press release, the agreement is:

… for technology related to the automation of industrial facilities, including manufacturing plants and refineries.
This patent portfolio was acquired through a licensing partnership with a top industrial development company in May, 2015.
Yokogawa is a leading control company in the industrial automation industry. Yokogawa’s product offerings include distributed control systems for the monitoring and control of processes in various production facilities.
The consideration to be paid to Wi-LAN and all other terms of the licence agreement are confidential.

Click here to read the full press release.