Wi-LAN signs multiyear licence deal with Funai Electric Wi-LAN signs multiyear licence deal with Funai Electric
2016-12-29 10:06 ET - News Release
Mr. Jim Skippen reports
WILAN AND FUNAI ENTER LICENSE AGREEMENT
Wi-LAN Inc. and Funai Electric Co. Ltd. have entered into a multiyear licence agreement.
"We are very pleased to have signed a licence agreement with major Japanese television manufacturer Funai," said Jim Skippen, president and chief executive officer of Wi-LAN. "Funai is a manufacturer of consumer products and ranks among the top five television suppliers to the United States, with brands such as Magnavox, Sanyo and Emerson. This agreement was achieved without having to undertake litigation."
The consideration to be paid to Wi-LAN and all other terms of the licence agreement are confidential.
About Wi-LAN
Wi-LANis one of the most successful patent licensing companies in the world and helps companies unlock the value of intellectual property by managing and licensing their patent portfolios. The company operates in a variety of markets, including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies.