Intel and WiLAN reach agreement to end litigations

Wi-LAN Inc, a leading technology innovation and licensing company, signed a memorandum of understanding with Intel. The Memorandum of Understanding calls for Intel to take a multi-year license to WiLAN’s patent portfolio and to make a series of payments to WiLAN.

Reports state that the agreement will include the dismissal of all litigation between the companies in the U.S. District Court for the Eastern District of Texas and in the U.S. District Court for the Northern District of California. WiLAN expects a final definitive agreement to be signed within the next few weeks. Specific financial terms of the agreement reached are confidential.
 

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