Polaris, subsidiary of WiLAN, signs license agreement with Marvell

OTTAWA, ON, Dec. 31, 2021 / PRNewswire / – Wi-LAN Inc. (“WiLAN”), a Quarterhill Inc. (“Quarterhill”) (TSX: QTRH) (OTCQX: QTRHF) company, today announced that – a wholly owned subsidiary, Polaris Innovations Limited (“Polaris”), has entered into a license agreement granting rights to certain patents owned by Polaris to Marvell Technology Inc. (“Marvell”).

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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