- Wi-LAN, a Quarterhill (QTRH) company, announced that its wholly-owned subsidiaries have entered into a license and settlement agreement with Micron Technology, Inc.
- Micron has obtained a license to patents owned by IMS, NSI and Cetus, which relate to semiconductor memory technologies
- The agreement also includes the settlement and dismissal of all pending patent litigation with Micron in the United States and China
- WiLAN, a Quarterhill company, is one of the most successful patent monetization companies in the world
- Quarterhill Inc. (QTRH) opened trading at c$1.62
Wi-LAN, a Quarterhill (QTRH) company, announced that its wholly-owned subsidiaries have entered into a license and settlement agreement with Micron Technology, Inc.
Micron has obtained a license to patents owned by Innovative Memory Solutions Inc. (IMS), North Star Innovations Inc. (NSI) and Cetus Technologies Inc. (Cetus), which relate to semiconductor memory technologies.
The agreement also includes the settlement and dismissal of all pending patent litigation with Micron in the United States and China.
The license fees payable by Micron and all other terms of the license agreement are confidential.
WiLAN, a Quarterhill company, is one of the most successful patent monetization companies in the world and partners with its customers to unlock the value of intellectual property through various patent monetization models. WiLAN operates in various markets, including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies.
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry, as well as through its Wi-LAN Inc. subsidiary, a leader in Intellectual Property licensing.
Quarterhill Inc. (QTRH) opened trading at c$1.62.
