Canadian patent house Wi-LAN Inc. on July 4th, 2011 announced in a press release that the Company and Texas Instruments Incorporated reached an agreement to end litigation regarding Bluetooth (No. 2:10-cv-00124) in the US District Court for the Eastern District of Texas.
Wi-LAN sued Texas Instruments in April 2010 over alleged infringement of Bluetooth technology. The suit was originally filed against an array of technology heavyweights such as Apple, Dell, HP, Intel, Motorola and Sony. Most of these suits were ended through settlement and license agreements.
The terms of the settlement and the amount paid to Wi-LAN has been kept confidential. Wi-LAN’s share prices recorded a remarkable increase after the settlement was made public.
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