WiLAN To Move Away From Patent Licensing In Shakeup

Law360, New York (April 19, 2017, 8:01 PM EDT) -- Major patent-licensing company WiLAN Inc. has announced that it will shift its focus away from monetizing patents and toward acquiring internet of things businesses, saying "significant changes" in the patent environment mean that it cannot meet its financial goals through licensing alone.

The Ottawa, Ontario-based company, which owns thousands of patents and has asserted many of them in infringement cases against numerous major companies, said in a statement Monday that despite its new strategy, patent licensing will remain an “integral part” of the company. However, it...
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