StrangeHold: Revenue news boosts Wi-LAN; Patent dispute with RIM settled
Forum » Resources / News picks » StrangeHold: Revenue news boosts Wi-LAN; Patent dispute with RIM settled
Started by: zoobabzoobab
Date: 17 Nov 2008 09:18
Number of posts: 1
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Summary:
Shares of Wi-LAN Inc. shot up more than 25% in trading after the technology licensing company announced it was revising its revenue guidance for the year after the settlement of a pending patent infringement lawsuit yesterday with BlackBerry maker Research In Motion Ltd. According to a brief statement issued by Wi-LAN, RIM has obtained a licence to certain patents in wireless technology and the litigation between the two companies will be dismissed.
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