OTTAWA, Oct. 13, 2017 /CNW/ - Wi-LAN Inc. ("WiLAN"),
today announced that its wholly-owned subsidiary SecureWave Storage
Solutions Inc. has acquired a portfolio of patents which cover a
variety of technologies including improvements to securing data for
storage devices, such as self-encrypting drives. These improvements
prevent unauthorized access to data in client devices, data
centers, and servers at the storage device level.
The patents were originally owned by Wave Systems Corp. ("Wave
Systems") and were offered for sale as part of a corporate
reorganization. Wave Systems developed products with
hardware-based protection critical to securing data and was a board
member of the Trusted Computing Group, the standard setting body
promoting hardware-based security for devices in the personal
computing platform such as storage devices.
The portfolio was acquired in a competitive bid process for an
undisclosed amount.
About WiLAN
WiLAN, a Quarterhill company, is one of the most successful
patent licensing companies in the world and helps companies unlock
the value of intellectual property by managing and licensing their
patent portfolios. The company operates in a variety of
markets including automotive, digital television, Internet,
medical, semiconductor and wireless communication
technologies. For more information: www.wilan.com.
Forward-looking Information
This news release contains forward-looking statements and
forward-looking information within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995 and other United States and Canadian securities
laws. Forward-looking statements and forward-looking
information are based on estimates and assumptions made by
Quarterhill Inc. in light of its experience and its perception of
historical trends, current conditions, expected future developments
and the expected effects of new business strategies, as well as
other factors that Quarterhill believes are appropriate in the
circumstances. Many factors could cause Quarterhill's actual
performance or achievements to differ materially from those
expressed or implied by the forward-looking statements or
forward-looking information. Such factors include, without
limitation, the risks described in its February 10, 2017 annual information form for the
year ended December 31, 2016 (the
"AIF"). Copies of the AIF may be obtained at www.sedar.com or
www.sec.gov. Quarterhill recommends that readers review and
consider all of these risk factors and notes that readers should
not place undue reliance on any of Quarterhill's forward-looking
statements. Quarterhill has no intention, and undertakes no
obligation, to update or revise any forward-looking statements or
forward-looking information, whether as a result of new
information, future events or otherwise, except as required by
law.
All trademarks and brands mentioned in this release are the
property of their respective owners.
SOURCE Wi-LAN Inc.