Wi-LAN Inc., a technology licensing company, has entered into a licensing agreement with Tranzeo ( News - Alert) Wireless Technologies Inc. (Tranzeo) for Wi-LAN's Wi-Fi and WiMAX patents. The license facilitates the payment of a running royalty for the lives of the patents and includes a payment in respect of past sales.
Tranzeo's extensive range of point-to-point and point-to-multipoint radios, WiMAX ( News - Alert) equipment, and mesh network solutions are ideal for wireless Internet service providers, governments, campuses, military, carriers, enterprise customers, and systems integrators around the globe.
"This agreement is further evidence of our ability to fairly monetize our wireless patented innovations, through negotiation, in the critical Wi-Fi and WiMAX markets," commented Andrew Parolin, VP Wireless Technologies, Wi-LAN in a statement to the press. "Our wireless licensing teams are in active discussion and negotiation with a number of companies. We remain confident that our licensing strategy will continue to produce positive results for Wi-LAN."
Wi-LAN has a growing portfolio of more than 280 issued or pending patents and licenses intellectual property that applies to a comprehensive range of electronics and communications products. Some of the fundamental 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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