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January 07, 2008

Wi-LAN and Bang & Olufsen Sign V-Chip License Agreements

By Niladri Sekhar Nath, TMCnet Contributing Editor

Wi-LAN 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.

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