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WiLAN Subsidiary Acquires Patent Portfolio from IBM

WiLAN Subsidiary Acquires Patent Portfolio from IBM Canada NewsWire OTTAWA, Feb....

articleQuarterhill IncFebruary 20, 20205/company/quarterhill-inc/news/wilan-subsidiary-acquires-patent-portfolio-from-ibm
WiLAN Subsidiary Acquires Patent Portfolio from IBM

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[{"type":"text","content":"\n\n\n\nWiLAN Subsidiary Acquires Patent Portfolio from IBM\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nOTTAWA, Feb. 20, 2020\n\n\n\nOTTAWA, Feb. 20, 2020 /CNW/ - Wi-LAN Inc. (\"WiLAN\"), a Quarterhill Inc. (\"Quarterhill\") company (TSX: QTRH) (OTCQX: QTRHF), today announced that WiLAN's wholly-owned subsidiary, Elpis Technologies Inc., has acquired a portfolio of patents from International Business Machines Corporation (\"IBM\"). The acquired patents relate to semiconductor manufacturing process technologies. All other terms of the agreement are confidential.\nAbout WiLAN\nWiLAN, a Quarterhill company, is one of the most successful patent monetization companies in the world and partners with its customers to unlock the value of intellectual property through various patent monetization models.  WiLAN operates in a variety of markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies.  For more information:  www.wilan.com.\nAbout Quarterhill\nQuarterhill is focused on the disciplined acquisition, management and growth of companies in dedicated technology areas including, vertical market software and solutions, intelligent industrial systems and innovation and licensing. Quarterhill's emphasis is on seeking out acquisition opportunities at reasonable valuations that provide a foundation for recurring revenues, predictable cash flows and margins, profitable growth, intimate customer relationships and dedicated management teams. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX under the symbol QTRHF. For more information: www.quarterhill.com\nForward-looking Information\nThis news release contains forward-looking statements and forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and other United States and Canadian securities laws. Forward-looking statements and forward-looking information are based on estimates and assumptions made by Quarterhill in light of its experience and its perceptio...

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