WiLAN Subsidiary Acquires Patent Portfolio from GLOBALFOUNDRIES
OTTAWA, Canada – December 13, 2016 – WiLAN (TSX:WIN) (NASD:WILN) today announced that the Company’s wholly-owned subsidiary, Auriga Innovations, Inc., has acquired a portfolio of patents from GLOBALFOUNDRIES Inc. The portfolio covers semiconductor process technologies used in the manufacture of semiconductor devices.
The patents in this portfolio originated with IBM, a world-class company renowned for its innovation in technology development. In 2015, GLOBALFOUNDRIES acquired portions of IBM’s Microelectronics Division business along with more than 16,000 patents and applications.
GLOBALFOUNDRIES is a leading full-service semiconductor design, development, fabrication and innovation company with locations across the globe.
All other terms of the agreement are confidential.
