WiLAN Settles With Dell and Enters Licensing Agreement
Often accused of being a patent troll, non-performing entity WiLAN wrangled a settlement out of Dell with details of the deal remaining confidential.
WiLAN had filed the lawsuit in September 2011 in U.S. District Court in Texas against Dell and several other companies alleging infringement over key Wi-Fi and CDMA patents, including Apple and Hewlett-Packard. As a result of the settlement and agreement, Dell obtained a license to a subset of wireless patents for certain wireless products from WiLAN and the litigation between the two companies will be dismissed.
WiLAN has licensed its intellectual property to more than 265 companies worldwide, and it has a large and growing portfolio of more than 3,000 issued or pending patents.
The article WiLAN Settles With Dell and Enters Licensing Agreement originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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