WiLAN Signs Wireless License in Automotive Industry
Wi-LAN Inc., a subsidiary of Quarterhill, has signed a license agreement with an unnamed company in the automotive industry regarding wireless technology patents.
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Wi-LAN Inc., a subsidiary of Quarterhill, has signed a license agreement with an unnamed company in the automotive industry regarding wireless technology patents. The agreement includes confidential licensing fees and other terms. Wi-LAN specializes in patent monetization across various sectors including automotive and wireless communications. Quarterhill aims to grow in the Intelligent Transportation System (ITS) space and is listed on both TSX and OTCQX under symbols QTRH and QTRHF respectively.
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OTTAWA, ON, Aug. 4, 2021 /PRNewswire/ - Wi-LAN Inc. ("WiLAN"), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (OTCQX: QTRHF), today announced that WiLAN has entered into a license agreement with a company in the automotive industry. The licensed patents relate to wireless technology.
The license fees payable to WiLAN and all other terms and conditions of this 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 Intelligent Transportation System (ITS) industry as well as a leader in Intellectual Property licensing. Our goal is to execute an investment strategy that capitalizes on attractive growth opportunities within ITS - and its adjacent markets - to become a global leader in that industry. 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
All trademarks and brands mentioned in this release are the property of their respective owners.
View original content:https://www.prnewswire.com/news-releases/wilan-signs-wireless-license-in-automotive-industry-301347931.html
SOURCE Wi-LAN Inc.
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