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Apple Settles Patent Dispute With Canadian Patent-Licensing Company WiLAN – $AAPL $DIA

By John F. Heerdink, Jr.

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.

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(Read Original Story: UPDATE 1-Apple, WiLAN settle patent disputes with license agreement in Reuters)


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