WiLAN Subsidiary Enters Into License Agreement with Olympus

WiLAN today announced that the Company's subsidiary, Advanced Microscopy Inc. has entered into a patent license agreement with Olympus Corporation. The license relates to technology that provides enhanced image processing capabilities. It has potential applications including, but not limited to, life sciences, material sciences, and semiconductor research.


The licensed portfolio was acquired through a licensing partnership with a top research institution in April 2015. This is the second license WiLAN has secured to this portfolio since its acquisition.


Under its licensing partnership model, WiLAN typically offers little to no upfront payment to acquire portfolios. Patent vendors receive all or most of their compensation once WiLAN has successfully licensed the relevant portfolio.


The license resolves litigation pending in the District of Delaware. The settlement and terms of the license agreement are confidential.