Wi-LAN Reaches Patent Assignment Agreement With Panasonic - Quick Facts

(RTTNews) - Wi-LAN Inc. (WIN.TO, WILN), said it entered into a patent assignment agreement with Panasonic Corp.(PC), pursuant to which Panasonic will give to a WiLAN subsidiary, Collabo Innovations Inc., certain patents from Panasonic Automotive & Industrial Systems Co., one of Panasonic's internal companies.

In line with the agreement, Panasonic will transfer more than 900 patents and applications with respect to a range of technologies in the field of semiconductor devices to Collabo. WiLAN believes that its semiconductor portfolio has current applicability to lot of products including CMOS image sensors, microcontrollers and semiconductors used in optical drives.