WiLAN Subsidiary Polaris Signs License Agreement with NVIDIA
QUARTERHILL INC COMMON SHARES (QTRH)
Last quarterhill inc common shares earnings: 11/8 06:30 am
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Source: PR Newswire
Parties Settle All Pending Litigations OTTAWA, April 23, 2019 /PRNewswire/ - Wi-LAN Inc. ("WiLAN"), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (NASDAQ: QTRH), today announced that WiLAN's wholly-owned subsidiary, Polaris Innovations Limited ("Polaris"), has granted a term license for certain patents owned by Polaris to NVIDIA Corporation ("NVIDIA") as well as options for NVIDIA to renew through the life of the patents. The licensed patents relate to memory interface technology and are part of the portfolio that Polaris acquired from Infineon Technologies in June 2015. The license fees payable to Polaris are confidential.The license also settles all litigations pending between the parties in the US Federal Court for the Northern District of California, the District Court of Dusseldorf, Germany and the Inter Partes Review proceedings at the Patent Trial and Appeal Board of the United States Patent Office, some of the written decisions of which are under appeal at the US Co
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