Wednesday, June 12, 2013

WiLAN acquires Cypress Semiconductor portfolio

CANADA: Wi-LAN Inc. has acquired a portfolio of patents from Cypress Semiconductor Corp. related to phase locked loop technology used in a wide range of semiconductor products.

WiLAN believes the portfolio has current applicability to memory and other semiconductor products using clock control circuitry.

"WiLAN has already established successful licensing programs in the areas or wireless and display technologies, programs from which we continue to see tremendous revenue potential. In addition, we are in the process of building new licensing programs in the areas of semiconductor, medical and cloud related technologies," said Jim Skippen, president and CEO.

"This acquisition is an important step towards building our semiconductor portfolio, an area in which we see significant licensing opportunities."

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