UPDATE: WiLAN (WILN) Unit Enters Licensing Agreement with Kollmorgen, Fortive

October 4, 2016 11:07 AM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

(Updated - October 4, 2016 11:12 AM EDT)

(Update corrects company name in headline)

WiLAN (Nasdaq: WILN) announced that the Company's subsidiary, Automation Middleware Solutions, Inc., has entered into a patent license agreement with Kollmorgen Corporation and Fortive Corporation. The patent portfolio covers automation technology used in various industrial facilities, such as manufacturing plants and refineries.

The consideration to be paid to WiLAN and all other terms of the license agreement are confidential.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Litigation

Add Your Comment