- Quarterhill's ( OTCQX:QTRHF ) subsidiary Wi?LAN enters into a license agreement with a company in the automotive industry.
- The licensed patents relate to wireless technology.
- The license fees payable to WiLAN and all other terms and conditions of this agreement are confidential.
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"We are very pleased to have now signed a second major automotive maker to our wireless technology patents. We believe this license demonstrates the continued strength of WiLAN's wireless portfolio and, in particular, its relevance to LTE and 5G technology used in many vehicles today." said Andrew Parolin, President and CEO of WiLAN. "
For further details see:
WiLAN signs second wireless license in automotive industry