OTTAWA, ON, Dec. 31, 2021 /CNW/ - Wi-LAN Inc. ("WiLAN"), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (OTCQX: QTRHF), today announced that WiLAN's wholly-owned subsidiary, Polaris Innovations Limited ("Polaris"), has entered into a license agreement granting rights to certain patents owned by Polaris to Marvell Technology Inc. ("Marvell").
The licensed Polaris patents generally relate to memory interface technologies. The consideration payable to Polaris by Marvell and all other terms of the license agreement are confidential.