OTTAWA, ON, Dec. 31, 2021 / PRNewswire / – Wi-LAN Inc. (“WiLANâ€), a Quarterhill Inc. (“Quarterhillâ€) (TSX: QTRH) (OTCQX: QTRHF) company, today announced that – a wholly owned subsidiary, Polaris Innovations Limited (“Polarisâ€), has entered into a license agreement granting rights to certain patents owned by Polaris to Marvell Technology Inc. (“Marvellâ€).
Licensed Polaris patents generally relate to memory interface technologies. The consideration payable to Polaris by Marvell and all other terms of the license agreement are confidential.
About WiLAN
WiLAN, a Quarterhill company, is one of the world’s most successful patent monetization companies and partners with its clients to unlock intellectual property value through various patent monetization models. WiLAN operates in a variety of markets, including automotive, digital television, Internet, medicine, semiconductors, and wireless communications technologies. For more information: www.wilan.com.
About QuarterhillQuarterhill is a growth-oriented intelligent transportation systems (ITS) company and, through its subsidiary Wi-LAN Inc., 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 this sector. Quarterhill is listed on the Toronto Stock Exchange under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information: www.quarthill.com
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SOURCE Wi-LAN Inc.
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