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WiLAN Subsidiary Acquires Additional IBM Patents

09 30 20

OTTAWA, ON, Sept. 30, 2020 /PRNewswire/ - Wi-LAN Inc. ("WiLAN"), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (OTCQX: QTRHF), today announced that WiLAN's wholly-owned subsidiary, Elpis Technologies Inc., has acquired an additional portfolio of patents from International Business Machines Corporation ("IBM"). The newly acquired patents relate to semiconductor manufacturing process technologies. All other terms of the agreement are confidential.

About WiLAN

WiLAN, a Quarterhill company, is one of the most successful patent monetization companies in the world and partners with its customers to unlock the value of intellectual property through various patent monetization models.  WiLAN operates in a variety of markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies.  For more information:  www.wilan.com.

About Quarterhill

Quarterhill is a growth-oriented company in the Intellectual Property and Intelligent Transportation System (ITS) industries. Our goal is to pursue an investment strategy that capitalizes on attractive market trends in both ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information: www.quarterhill.com

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Cision View original content:http://www.prnewswire.com/news-releases/wilan-subsidiary-acquires-additional-ibm-patents-301142258.html

SOURCE Wi-LAN Inc.

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