Another signing... 1 more defendant left on this suit.. but not much info on this suit.
OTTAWA, CANADA--(Marketwired - Dec. 1, 2015) - WiLAN (TSX:WIN)(NASDAQ:WILN) today announced that the Company's subsidiary, SEQ VEND Technologies Inc., has entered into a patent license agreement with Crane Co., for technology related to vending machine systems. WiLAN acquired the portfolio from Panasonic in 2014.
Crane is a leading global manufacturer of innovative solutions for a variety of industrial products, including vending machines, cashless systems, software and wireless communications.
The license resolves litigation pending in the District of California. The consideration paid to WiLAN and other terms of the license agreement are confidential.