WiLAN And Nokia Networks Sign License Deal - Quick Facts

(RTTNews) - Wi-LAN Inc. (WILN, WIN.TO) announced Monday that WiLAN and Nokia Networks signed a patent license agreement by which Nokia Networks receives a multi-year license to a broad portfolio of wireless patents used in a range of wireless infrastructure products offered by Nokia Networks.

WiLAN said it first signed a patent license agreement with Nokia Corporation in December 2006 related to WiLAN's then current patent portfolio. The patents licensed under this new agreement with Nokia Networks include patents related to CDMA, WCDMA, GSM, HSPA and 4G/LTE technologies.

Under a separate patent acquisition agreement between the companies also announced today, WiLAN will acquire from Nokia Networks a portfolio of patents with worldwide coverage related to various current and future wireless handset and infrastructure technologies. All other terms and conditions of the license and acquisition agreements are confidential.