Inc., a technology licensing company, has entered into license agreements with Bang & Olufsen a/s (Bang & Olufsen) for its U.S. and Canadian V-chip Patents. The agreements enable the payment of running royalties for the lives of the patents and include provision for payment in respect of past sales.
Bang & Olufsen a/s, founded in 1925, offers a distinctive range of quality consumer electronic products including a unique range of televisions, music systems, loudspeakers, telephones and multimedia products.
"We are very pleased that Bang & Olufsen, a marquee manufacturer of home entertainment products, has negotiated license agreements for our V-chip patents," said Wi-LAN V-chip President Najmul Siddiqui. "Our V-chip licensing team generated significant momentum in 2007 and we expect this momentum to continue in 2008."
117 licenses have been signed for Wi-LAN's Canadian and/or U.S. V-chip Patents to electronics manufacturers in Korea, Japan, Taiwan, China, Thailand, Singapore, Hong Kong, Denmark, Canada and the United States.
Wi-LAN licenses intellectual property that applies to a full range of electronics and communications products. Some of the elementary technologies covered by Wi-LAN's patents include: CDMA, DOCSIS, DSL, GSM/EDGE, V-chip, Wi-Fi and WiMAX
Niladri Sekhar Nath is a contributing writer for TMCnet covering telecommunications, service providers and networking.
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.
Today’s featured White Paper (News - Alert) is titled VoIP Doesn’t Require Any Phone Equipment Investment, brought to you by Accessline.