WiLAN Subsidiary Enters into License Agreement with STATS Chip PAC
OTTAWA, Canada – September 9, 2015 – WiLAN (TSX:WIN) (NASD:WILN) today announced that the Company’s subsidiary, Collabo Innovations Inc., has entered into a patent license agreement with STATS Chip PAC Ltd for technology related to semiconductor packaging. This technology is used in a variety of electronic devices, such as televisions, computers, and printers. WiLAN acquired the patents from Panasonic in 2013.
STATS Chip PAC is a leading service provider of semiconductor packaging design, assembly, and test and distribution solutions in diverse end market applications including communications, digital consumer and computing.
The consideration to be paid to WiLAN and all other terms of the license agreement are confidential.