More $$$ to the bottom line...
OTTAWA, CANADA--(Marketwired - Dec. 9, 2015) - WiLAN (TSX:WIN)(NASDAQ:WILN) today announced that Vertu Corporation has entered into a multi-year license agreement to WiLAN's wireless patent portfolio including Wi-Fi, Bluetooth, HSPA and LTE-related technologies.
Vertu's handsets are noteworthy for their craftsmanship, luxury performance and technology. Over the years, Vertu has collaborated with world-leading brands such as Bentley, Bang & Olufsen, and Hasselblad.
The royalty amount to be paid to WiLAN and all other terms of the license agreement are confidential.