Reportedly, Canadian patent-licensing company WiLAN Inc. has entered in to a new license agreement with Apple (AAPL) related to wireless technology, resolving a patent fight between the companies just weeks after Apple won an appeal of an $85 million court win for WiLAN. Quarterhill Inc., WiLAN’s parent company informed the agreement settles all court cases between WiLAN, it’s subsidiary Polaris, and Apple in the United States, Germany, and Canada. The companies did not comment, and specific terms of the agreement were not disclosed.
In 2014, WiLAN was sued by Apple seeking a ruling that it did not infringe patents in connection with allocating bandwidth in a wireless network, however, WiLAN stated that iPhone 5 and 6 models infringed by using the LTE wireless standard. WiLAN’s primary business is buying patents in fields including wireless communications, computer chips, automotive industry, and licensing the technology to companies.
Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it. To learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.
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