WiLAN, Alcatel-Lucent Enter into License Agreement, Settle Litigations

Wi-LAN Inc. WILN today announced that WiLAN has entered into a patent license agreement and settled all pending patent litigations with Alcatel-Lucent USA Inc. ALU. Under the license agreement, Alcatel-Lucent has been granted a multi-year license to certain WiLAN patents related to wireless products in consideration for which Alcatel-Lucent will make a series of payments to WiLAN throughout the term of the license. The parties have agreed to settle all pending litigations in the United States District Courts for the Southern District of Florida and the Eastern District of Texas involving CDMA, 3GPP, HSPA, Wi-Fi and LTE technologies. Under a separate patent acquisition agreement between the parties also announced today, WiLAN will acquire from Alcatel-Lucent a portfolio of patents and pending applications related to current and next-generation wireless technologies with broad worldwide patent coverage. All other terms and conditions of the license and acquisition agreements are confidential. "We are very pleased to have reached a business resolution to our licensing discussions with Alcatel-Lucent, and to add them to our list of licensees," said Jim Skippen, President & CEO. "Alcatel-Lucent's long history of fundamental technology development and strong IP protection has enabled it to become a leader in the wireless industry. The addition of Alcatel-Lucent patents and applications to our wireless portfolio continues to expand the value we are able to offer to our existing and future licensees."