WiLAN acquires 60 wireless patents from Glenayre for $8M

­Patent holding company WiLAN announced it acquired wireless patents from Glenayre Electronics for $8 million in cash. WiLAN purchased a portfolio consisting of 60 issued U.S. patents and their foreign counterparts that address mobile messaging, wireless data transmission and reception. "We believe that patents in the portfolio ... are relevant to today's mobile phone market," said WiLAN Chairman and CEO Jim Skippen--potentially hinting that WiLAN will seek to leverage the patents against handset vendors. With the purchase, WiLAN increased its patent portfolio to more than 1,400 issued and pending patents. Release

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.