SAN JOSE, Calif. - Canada's Wi-LAN Inc. has confirmed that four litigations that were scheduled for trial in early 2011 have been dismissed as a result of agreements signed with major semiconductor and product vendors.
In 2007, WiLAN initiated two patent infringement actions in the U.S. District Court for the Eastern District of Texas related to Wi-Fi, CDMA and DSL technologies in laptops and wireless router equipment. Wi-LAN, founded in 1992, is a technology and licensing company.
These litigations have been dismissed due to license agreements signed with semiconductor vendors Atheros, Broadcom, CSR, Intel, Marvell, Ralink and Realtek.
In addition, the agreement signed with Intel has resulted in the dismissal of litigation involving WiMAX technologies filed by Intel, in 2008, in the U.S. District Court for the Northern District of California.
In 2008, the Wi-LAN filed a complaint of patent infringement, in the U.S. District Court for the Eastern District of Texas, related to Wi-Fi and CDMA technologies in cellular handsets.
Wi-LAN and the last defendant, Personal Communication Devices LLC, have settled on financial terms that are confidential. With the dismissal of PCD and license agreements previously announced with LG Electronics Mobilecomm U.S.A. Inc., LG Electronics Inc., Motorola Solutions Inc., Motorola Mobility Inc., Research in Motion Limited and UTStarcom Inc., this case has been dismissed.
The terms of all agreements, including amounts to be paid, are confidential. In general, most license agreements call for the payment of quarterly running royalties which generate long-term recurring revenue.
Revenues for fiscal 2010 were $50.7 million and, as previously reported, revenues for the fiscal year ending Dec. 31, 2011 are expected to more than double and be in the range of $110.0 million to $115.0 million.