WiLAN signs deal with British Telecommunications

The Canadian Press ~ OBJ
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Technology licensing company Wi-LAN Inc. (TSX:WIN) says it has an agreement with British Telecommunications Plc. to help the company license some of its technology patents.

(Stock image)

Under terms of the agreement, WiLAN and British Telecommunications will share the net revenues generated for a portfolio of patents related to digital rights management and other technologies.

No other terms were released by Ottawa-based WiLAN.

WiLAN's subsidiary Gladios will be responsible for programs aimed at licensing the patent portfolio.

WiLAN also licenses the rights to patents in its portfolio and earns money through royalty payments from companies that use the protected technology in its products and services.

Organizations: WiLAN, British Telecommunications

Geographic location: Ottawa

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