RE: BD @ $6.60 Memory Fk^%$#n Lane!
OTTAWA, Canada – January 14, 2011 – Wi-LAN Inc. (“WiLAN” or the “Company”) (TSX:WIN), a leading technology innovation and licensing company, today announced that Intel Corporation (“Intel”) and WiLAN have signed a memorandum of understanding which calls for Intel to take a multi-year license to WiLAN’s patent portfolio and to make a series of payments to WiLAN.
The agreement will include the dismissal of all litigations between the companies in the U.S. District Court for the Eastern District of Texas and in the U.S. District Court for the Northern District of California. WiLAN expects a final definitive agreement to be signed within the next few weeks. Specific financial terms of the agreement reached are confidential.
OTTAWA, Canada - January 18, 2011 -Wi-LAN Inc. ("WiLAN" or the "Company") (TSX:WIN), a leading technology innovation and licensing company, today announced that it has entered into a bought deal agreement with a syndicate of underwriters led by CIBC World Markets Inc. and including Paradigm Capital Inc., Wellington West Capital Markets Inc., Canaccord Genuity Corp., Fraser Mackenzie Limited and NCP Northland Capital Partners Inc. (collectively, the "Underwriters"), for the issuance of 11,400,000 common shares of the Company ("Common Shares"), on a bought deal basis, at a price of $6.60 per Common Share for gross proceeds of $75,240,000 (the "Offering").