OTTAWA,
ON, March 31, 2022 /CNW/ - Quarterhill Inc.
("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF) subsidiary Wi‐LAN Inc.
("WiLAN") today announced that Kyocera Corporation has
entered into another multi-year wireless license agreement with
WiLAN. WiLAN first signed a license with Kyocera in
December 2015.
"We are pleased Kyocera has entered into another wireless
license with WiLAN," said Michael Vladescu, WiLAN's President
& CEO. "The signing of this new license agreement with Kyocera
further validates WiLAN's wireless patent portfolio."
The specific consideration payable under the Agreement and
all other terms and conditions are confidential.
About WiLAN
WiLAN, a Quarterhill company, is one of
the most successful patent monetization companies in the world and
partners with its customers to unlock the value of intellectual
property through various patent monetization models. WiLAN
operates in a variety of markets including automotive, digital
television, Internet, medical, semiconductor and wireless
communication technologies. For more information:
www.wilan.com.
About Quarterhill
Quarterhill is a leading provider of
tolling and enforcement solutions in the Intelligent Transportation
System (ITS) industry, as well as, through its Wi-LAN Inc.
subsidiary, a leader in Intellectual Property licensing. Our goal
is global leadership in ITS, via organic growth of the Electronic
Transaction Consultants, LLC (ETC) and International Road Dynamics,
Inc. (IRD) platforms, and by continuing an acquisition-oriented
investment strategy that capitalizes on attractive growth
opportunities within ITS and its adjacent markets. Quarterhill is
listed on the TSX under the symbol QTRH and on the OTCQX Best
Market under the symbol QTRHF. For more information:
www.quarterhill.com
All trademarks and brands mentioned in this release are the
property of their respective owners.
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SOURCE Quarterhill Inc.