Wi-Lan to Settle Telus Patent Lawsuit

1:44 pm on February 8, 2010 | Category: Business, Wireless Technology, Law

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Patent licensing firm, Wi-Lan Inc., has agreed to settle a lawsuit brought against it by Vancouver-based telecommunications giant, Telus Communications.

Telus had claimed an ownership interest in several wireless technology patents that Wi-Lan is using for its own intellectual property claims. Under the settlement agreement, Telus will sell any outstanding rights to these patents to Wi-Lan.

The settlement is subject to a formal agreement which both companies are expected to sign in the coming weeks.

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    Published by TeleClick Enterprises
    Edited by Jeremy Maddock