WiLAN, BlackBerry Settle All Lawsuits - Quick Facts

(RTTNews) - Wi-LAN Inc. (WILN, WIN.TO), a technology innovation and licensing company, and BlackBerry Ltd. (BB.TO, BBRY) have inked an agreement to dismiss all pending patent litigations between the companies, with specific financial terms of the deal being confidential. Pursuant to this, BlackBerry has received a license to certain patents in suit in Florida. Therefore, all lawsuits between the companies in Florida would be settled with prejudice.

Further, the agreement calls for the dismissal, without prejudice, of all litigation between the companies in Texas. The parties would pursue licensing talks on certain other wireless technologies.