TORONTO (Reuters) - Wi-LAN Inc has reached agreements for both the wireless and enterprise units of Motorola to pay it to use its patent portfolio, the latest in a string of victories for the Canadian patent licensing company.
Both Motorola Mobility and Motorola Solutions, which split into independent companies this month, obtained multi-year licenses for Wi-LAN’s intellectual property portfolio, ending all litigation, in return for fixed cash payments. The terms of the settlement were not disclosed.
The deal is the fifth out-of-court settlement in quick succession for Wi-LAN, which is due to take its case to trial starting on February 3.
On January 14, the Ottawa-based company said it had reached a deal with chipmaker Intel.
A patent expert at the time said other defendants would likely follow suit, and Wi-LAN has since announced deals with chipmakers Broadcom and Atheros, which is set to be acquired by Qualcomm, as well as PC maker Acer.
Wi-LAN said Motorola Mobility was the 13th handset maker to pay for a license to Wi-LAN’s portfolio, which covers WiFi, CDMA, bluetooth and DSL technologies.
Wi-LAN shares have risen 7 percent since the Intel deal was announced, and were halted at C$6.70 ahead of the Motorola news.
Reporting by Alastair Sharp; editing by Rob Wilson