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Japanese equipment maker Fujitsu has signed a term sheet that sets the stage to license the entire patent portfolio of Wi-LAN Inc., a Ottawa, Canada company.
Wi-LAN’s patent portfolio includes wireless WiMAX technology. Fujitsu has previously licensed some of Wi-LAN's patents compliant with the 802.16d wireless communications standard.
Under the terms of the preliminary deal, Fujitsu will pay cash as well as to transfer some of its own patents to Wi-LAN. Wi-LAN, which gave no financial details about the deal, has a history of licensing patents for telecom products.
"As the fourth company to sign under our Early Licence Program, Fujitsu will join a growing list of companies that are recognizing the significance of our intellectual property to both current and future products," said Wi-LAN chief executive Jim Skippen in a statement.
Wi-LAN said it is in the process of obtaining an independent valuation for these patents.
Narayan Bhat is a contributing writer for TMCnet
Don't forget to check out TMCnet’s White Paper Library, which provides a selection of in-depth information on relevant topics affecting the IP Communications industry. The library offers white papers, case studies and other documents which are free to registered users. Worldwide Interoperability for Microwave Access (WiMAX) | X | | As a sister technology to Wi-Fi, the IEEE 802.16 specification outlines technology for Wireless Metro Area Network (MAN). WiMAX actually stands for Worldwide Interoperability for Microwave Access, whi...more |
Local Area Network (LAN) | X | | There is much more to LANs to explain on a few words. Pleases refer to TECHtionary.com for a vast set of tutorials on this subject. LAN connections use 48-bit MAC addresses permanently fixed into th...more |
Internet Protocol (IP) | X | | IP stands for Internet Protocol, a data-networking protocol developed throughout the 1980s. It is the established standard protocol for transmitting and receiving data
in packets over the Internet. I...more |
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