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Message: Realtek to sign patent licencing deal

UPDATE 1-Wi-LAN, Realtek to sign patent licensing deal22 minutes ago by Thomson Reuters

* Definitive agreement to be signed in next few weeks

* Financial terms of deal not disclosed

* Realtek not involved in patent disputes with Wi-LAN

Jan 25 (Reuters) - Wi-LAN Inc <WIN.TO> said Realtek Semiconductor Corp <2379.TW> will sign a multi-year deal with the patent licensing firm for an undisclosed amount.

The companies signed a memorandum of understanding and a definitive agreement will be signed in the next few week, Wi-LAN said in a statement.

Wi-LAN, which settled patent disputes with chipmakers Broadcom Corp <BRCM.O> and Intel Corp <INTC.O> recently, said Realtek has not been involved in any litigation with it.

Shares of the company were down 3 Canadian cents at C$6.54 on Tuesday morning on the Toronto Stock Exchange. (Reporting by Arnika Thakur in Bangalore; Editing by Unnikrishnan Nair)

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