WiLan Unit Seals Patent License Deal with Powertech Technology

 

Shares of WiLan (WILN) were marginally higher Monday morning after the company said its Collabo Innovations subsidiary sealed a patent license deal with Powertech Technology for technologies tied to semiconductor packaging. WiLan noted it acquired the patents from Japan’s Panasonic in 2013. Terms of the license agreement including the consideration to be paid to WiLan weren’t disclosed. WILN was up a penny in recent trade, moving in the bottom half of the 52-week range of $0.97 to $3.30.

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