(Adds settlement with Novatel Wireless)
By Michael Calia
Wi-Lan Inc. (WIN.T, WILN) on Tuesday said it settled patent
cases with Hewlett-Packard Co. (HPQ) and Novatel Wireless Inc.
(NVTL), bringing an end to litigation initiated in 2011.
Under the agreement, H-P and Novatel were granted licenses
related to certain Wi-Lan patents. H-P was also granted licenses to
certain of its products. Financial terms of the settlements were
not disclosed.
Wi-Lan, a patent-licensing firm, sued H-P, Novatel, Apple Inc.
(AAPL), Alcatel-Lucent (ALU, ALU.FR) and Dell Inc. (DELL) in 2011
over alleged patent infringement related to mobile- communications
technology.
HTC Corp. (2498.TW) and Sierra Wireless Inc. (SW.T, SWIR), which
were also defendants in the suit, reached settlements with Wi-Lan
in September and earlier this month, respectively.
The trial had been scheduled to begin this month, according to a
press release from Wi-Lan earlier this year.
Wi-Lan shares were inactive premarket at $4.14. The stock is up
31% since mid-July.
Write to Michael Calia at michael.calia@wsj.com
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