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WiLAN Reports 17 License Agreements in 2013

January 30, 2014

This week WiLAN released financial results for the fourth quarter and fiscal year ended December 31, 2013. The company reported revenue of $29 million in the fourth quarter and $88 million for the 2013 fiscal year, compared to $21 million and $88 million last year, respectively. WiLAN signed license agreements with 17 companies during fiscal 2013, with the top 10 licensees accounting for 79% of revenue. The entity reports it currently has licensing agreements with a total of 279 companies. In the third and fourth quarter, WiLAN entered into license agreements with Alcatel-Lucent, HTC, BlackBerry, HP, Novatel Wireless, and Sierra Wireless. The company also acquired a portfolio of patents and pending applications from Alcatel related to wireless technologies. During the fourth quarter, WiLAN signed an agreement with Panasonic to assign over 900 semiconductor patents to a new WiLAN subsidiary, Collabo Innovations Inc. WiLAN says it currently holds over 1,000 semiconductor patents inclusive of the 900 Panasonic patents.


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