WiLAN and BlackBerry Settle All Litigations
A few months back (and not for the first time) WiLAN and BlackBerry threw down in a battle over some patents, but today the two shook hands and all is well. WiLAN had filed suit against BlackBerry over LTE-enabled BlackBerry devices, claiming they were infringing on a WiLAN patent.
As a resolution, BlackBerry has obtained a license for the specific patents and the litigation between the two companies is being dismissed. All's well that ends well, eh?
OTTAWA, ONTARIO--(Marketwired - October 09, 2013) - Wi-LAN Inc. ("WiLAN" or the "Company") (TSX: WIN) (NASDAQ: WILN) today announced that BlackBerry Limited ("BlackBerry") and WiLAN have reached an agreement to dismiss all pending patent litigations between the companies.
As part of the agreement, BlackBerry has obtained a license to certain patents in suit in Florida. As a result, all litigations between the companies in Florida will be dismissed with prejudice.
In addition, the agreement calls for the dismissal, without prejudice, of all litigation between the companies in Texas. The parties will pursue licensing discussions regarding certain other wireless technologies.
Specific financial terms of the agreement reached are confidential.