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Wi-LAN settles patent licensing disputes with Hewlett-Packard, Novatel Wireless

OTTAWA – Wi-LAN Inc. (TSX:WIN) has announced settlement deals with two well-known American companies, the latest in a recent spate of such agreements.

In its latest announcement Tuesday, the Ottawa-based patent-licensing firm said settlements had been reached with both Hewlett-Packard Co. and Novatel Wireless Inc.

The deals end litigation with both California-based companies.

Financial terms were not disclosed.

Last week, Wi-LAN Inc. announced a settlement deal with Sierra Wireless Inc. (TSX:SW), a day after disclosing a deal with BlackBerry (TSX:BB).

Wi-LAN, founded in 1992, has licensed its intellectual property to more than 270 companies worldwide that manufacture or sell a wide range of communication and consumer electronics products.