Developer docs
API playgroundTry for free, no card

Search company profiles

Wi-LAN

Full company profile

uuid00h9q9d

Namestring
Wi-LAN
Legal namestring
Wi-LAN Inc.
Websiteurl
wilan.com
Company typeenum
Private
Founded yearint
1992
Descriptiontext

Wi-LAN Inc. is an Ottawa-based patent licensing and monetization company founded in 1992. The company invented Wideband Orthogonal Frequency Division Multiplexing (W-OFDM) in the early 1990s, a modulation technique adopted as the basis for IEEE 802.11a, 802.11g, and 802.11n Wi-Fi standards. After failing to compete commercially against larger wireless equipment vendors, WiLAN pivoted in 2006 from product development to patent monetization and has since signed license agreements worth over $1 billion USD with more than 400 companies globally.

WiLAN generates revenue through three integrated offerings: Patent Licensing Services (licensing its owned portfolios covering wireless telecommunications, semiconductor memory, semiconductor logic, memory interfaces, semiconductor manufacturing, and USB-C wired connectivity), Patent Partnership Programs (acquiring or partnering with patent holders to monetize their IP with shared revenue), and Patent Acquisition Services (outright patent purchases in targeted technology areas). The portfolio encompasses more than 13,000 patents held in WiLAN and its subsidiaries, including Polaris Innovations Limited.

The company's customers are Fortune 500 technology corporations across semiconductors (Samsung, Intel, Broadcom, TSMC, Nvidia, MediaTek, SK Hynix, GlobalFoundries), consumer electronics (LG, Sony, Panasonic, Dell, HP, Sharp, Toshiba), telecommunications (Ericsson, Nokia Networks, Cisco, Motorola Mobility, BlackBerry, HTC), and automotive (BMW). WiLAN operates an enterprise field sales model with headquarters in Ottawa, Ontario and a US office in Plano, Texas. The company was acquired in 2023 by Owlpoint IP Opportunities JVF I LP, a joint venture between Arena Investors, LP and Owlpoint Capital Management, LLC, and is a subsidiary of publicly traded Quarterhill Inc. (TSX: QTRH).

Short descriptiontext

Wi-LAN is an Ottawa-based patent licensing company that acquires, manages, and licenses intellectual property to global technology firms. Since 2006, it has signed over $1 billion in license agreements with 400+ companies across wireless, semiconductor, and consumer electronics sectors.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersOttawa, Canada
HQ citystring
Ottawa
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
patent licensing services, intellectual property monetization, patent portfolio management, technology licensing, patent acquisition programs
Industry3 codes
1IP Licensing, Transactions & Technology Transfer
CodeBPAHAMAFPrimaryYes
2Standards-Essential Patents (SEP) & FRAND Advisory
CodeBPAHAMALPrimaryNo
3IP Search, Watch & Competitive Intelligence
CodeBPAHAMAIPrimaryNo
NAICS code1 code
  • Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)533
SIC code1 code
  • Patent Owners & Lessors6794
Product category
Intellectual Property Licensing
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Patent Licensing Royalties
TypeLicensing Royalties
Description

WiLAN generates revenue by licensing its patent portfolios to third parties under reasonable terms. License fees are paid by companies utilizing WiLAN's patented technologies. The company has signed license agreements worth more than $1 Billion USD since 2006 with over 400 companies licensed.

wilan.com
2Patent Partnership Revenue Sharing
TypeLicensing Royalties
Description

Under partnership structures, partners transfer patent portfolios to WiLAN subsidiaries. WiLAN assumes the costs of maintaining such patents while establishing revenue streams from monetization activities, providing cash returns to the partner. Revenue is shared between WiLAN and the partner.

wilan.com
3Patent Acquisition/Outright Purchase
TypeOne Time License
Description

WiLAN acquires patents outright, usually in very select areas of interest. This provides an additional revenue stream from divestment arrangements with patent owners.

wilan.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Wi-LAN Inc. (WiLAN) acquires, manages, and licenses patent portfolios covering wireless communications (including W-OFDM, the basis for IEEE 802.11a/g/n Wi-Fi), semiconductor memory and logic, semiconductor manufacturing, memory interfaces, and wired connectivity (USB-C). It generates revenue by licensing these owned and partnered patent portfolios to third-party technology companies, by running patent partnership programs that share monetization revenue with patent owners, and by acquiring patents outright in select technology areas.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • Over $1 Billion USD in license agreements signed since 2006
+4 more records
Product overview1 text field

Wi-LAN is a patent monetization company offering three integrated service offerings: Patent Licensing Services (licensing Wi-LAN's owned patent portfolios to third parties), Patent Partnership Programs (partnering with patent holders to acquire and monetize their IP with shared revenue), and Patent Acquisition Services (outright patent purchases in targeted technology areas). Since 2006, Wi-LAN has signed license agreements worth over $1 billion USD with over 400 companies. The company's patent portfolios span multiple technology verticals including Wireless Technologies, Memory Interface Technologies, Semiconductor Memory Technologies, Semiconductor Logic Technologies, Semiconductor Manufacturing Technologies, and Wired Connectivity Technologies.

Product and service1 record
1Patent Licensing Services
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierMajorTypeTechnology or IntegrationAnnounced on2023-09-27
Description

WiLAN and its subsidiaries, including Polaris Innovations Limited, entered into a license and settlement agreement with Broadcom. Broadcom obtained a license to patents owned by WiLAN and its subsidiaries. The agreement also includes the settlement and dismissal of all pending patent litigation between the parties in the United States and Germany.

Strategic tierMajorTypeTechnology or IntegrationAnnounced on2022-03-31
Description

Kyocera Corporation entered into another multi-year wireless license agreement with WiLAN. WiLAN first signed a license with Kyocera in December 2015. The signing of this new license agreement with Kyocera further validates WiLAN's wireless patent portfolio.

Strategic tierMajorTypeTechnology or Integration
Description

WiLAN has signed partnership agreements with Panasonic. In several cases, WiLAN has concluded multiple consecutive partnership agreements with Panasonic. These partnerships have generated hundreds of millions of dollars in licensing revenue.

Strategic tierMajorTypeTechnology or Integration
Description

WiLAN has signed patent partnership agreements with GLOBALFOUNDRIES as one of their many Fortune 500 partnerships.

Strategic tierMajorTypeTechnology or Integration
Description

WiLAN has signed patent partnership agreements with Western Digital as part of their portfolio of over 50 patent partnerships.

Strategic tierMajorTypeTechnology or Integration
Description

WiLAN has signed patent partnership agreements with Infineon as part of their portfolio of over 50 patent partnerships.

Strategic tierMajorTypeTechnology or Integration
Description

WiLAN has signed patent partnership agreements with MediaTek as part of their portfolio of over 50 patent partnerships.

Strategic tierMajorTypeTechnology or Integration
Description

WiLAN has signed patent partnership agreements with ROHM as part of their portfolio of over 50 patent partnerships.

Strategic tierCoreTypeTechnology or Integration
Description

Polaris Innovations Limited is a subsidiary of WiLAN that was involved in the license and settlement agreement with Broadcom.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Patent licensing and assertion company covering wireless, software, and consumer electronics technologies. Comparable business model and counterparty mix to WiLAN's licensing programs.

TypeDirect peer
Description

Licensing administrator for standards-essential patent pools across video, audio, and wireless. Comparable to WiLAN in administering licensing programs that monetize standards-based technology to global tech OEMs.

TypeBroad incumbent
Description

Defensive patent aggregator and licensing platform serving the same Fortune 500 technology counterparties that WiLAN targets. Comparable counterparty universe and standards-essential patent focus, though RPX sits on the defensive side of the market WiLAN monetizes.

4Optis Wireless Technology
TypeDirect peer
Description

Patent assertion entity focused on wireless and cellular SEPs, monetizing patents against major smartphone and infrastructure vendors. Highly comparable to WiLAN's wireless licensing program and target licensees.

TypeDirect peer
Description

Patent pool administrator and licensing company managing wireless, video, and audio SEPs. Comparable to WiLAN's standards-based wireless licensing business and global licensee engagement model.

TypeDirect peer
Description

Public patent licensing company that acquires and licenses patent portfolios across technology sectors. Directly comparable to WiLAN in business model (assertion-based licensing of acquired and partnered IP) and counterparty profile.

TypeDirect peer
Description

R&D-driven mobile and video technology company whose primary revenue is patent licensing royalties, including SEPs in wireless. Highly comparable to WiLAN's wireless and standards-based licensing economics.

TypeEmerging player
Description

IP commercialization and patent assertion company focused on acquiring and licensing patents. Comparable acquisition-and-monetize model to WiLAN's partnership and acquisition programs.

TypeDirect peer
Description

Patent licensing company focused on semiconductor and digital communications IP. Directly comparable to WiLAN, including overlap of executives with MOSAID/Conversant heritage (e.g., Sunwoong Hwang's prior role).

TypeOthers
Description

Public holding company of which WiLAN is reported as a subsidiary; QTRH pursues an acquisition-oriented strategy in ITS and IP licensing. Provides capital-markets context for WiLAN's valuation and a partial peer reference for IP-focused investment vehicles.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers26 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Wi-LAN

Intellectual Property Licensingwilan.com

Wi-LAN is an Ottawa-based patent licensing company that acquires, manages, and licenses intellectual property to global technology firms. Since 2006, it has signed over $1 billion in license agreements with 400+ companies across wireless, semiconductor, and consumer electronics sectors.

What Wi-LAN does

Wi-LAN Inc. is an Ottawa-based patent licensing and monetization company founded in 1992. The company invented Wideband Orthogonal Frequency Division Multiplexing (W-OFDM) in the early 1990s, a modulation technique adopted as the basis for IEEE 802.11a, 802.11g, and 802.11n Wi-Fi standards. After failing to compete commercially against larger wireless equipment vendors, WiLAN pivoted in 2006 from product development to patent monetization and has since signed license agreements worth over $1 billion USD with more than 400 companies globally.

WiLAN generates revenue through three integrated offerings: Patent Licensing Services (licensing its owned portfolios covering wireless telecommunications, semiconductor memory, semiconductor logic, memory interfaces, semiconductor manufacturing, and USB-C wired connectivity), Patent Partnership Programs (acquiring or partnering with patent holders to monetize their IP with shared revenue), and Patent Acquisition Services (outright patent purchases in targeted technology areas). The portfolio encompasses more than 13,000 patents held in WiLAN and its subsidiaries, including Polaris Innovations Limited.

The company's customers are Fortune 500 technology corporations across semiconductors (Samsung, Intel, Broadcom, TSMC, Nvidia, MediaTek, SK Hynix, GlobalFoundries), consumer electronics (LG, Sony, Panasonic, Dell, HP, Sharp, Toshiba), telecommunications (Ericsson, Nokia Networks, Cisco, Motorola Mobility, BlackBerry, HTC), and automotive (BMW). WiLAN operates an enterprise field sales model with headquarters in Ottawa, Ontario and a US office in Plano, Texas. The company was acquired in 2023 by Owlpoint IP Opportunities JVF I LP, a joint venture between Arena Investors, LP and Owlpoint Capital Management, LLC, and is a subsidiary of publicly traded Quarterhill Inc. (TSX: QTRH).

Wi-LAN firmographics

Firmographics
Name
Wi-LAN
Legal name
Wi-LAN Inc.
Website
https://wilan.com
Company type
Private
Founded year
1992
Operating status
Operating
Headcount range
11–50 employees
Short description
Wi-LAN is an Ottawa-based patent licensing company that acquires, manages, and licenses intellectual property to global technology firms. Since 2006, it has signed over $1 billion in license agreements with 400+ companies across wireless, semiconductor, and consumer electronics sectors.
Ownership category
akta.pro rank

Wi-LAN industry classification

Industry
Product category
Intellectual Property Licensing
NAICS
Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) (533)
SIC
Patent Owners & Lessors (6794)
akta.pro primary industry
IP Licensing, Transactions & Technology Transfer (BPAHAMAF)
akta.pro secondary industries
Standards-Essential Patents (SEP) & FRAND Advisory (BPAHAMAL), IP Search, Watch & Competitive Intelligence (BPAHAMAI)

Keywords

  • Patent licensing services
  • Intellectual property monetization
  • Patent portfolio management
  • Technology licensing
  • Patent acquisition programs

Where Wi-LAN is headquartered

Location

Headquarters

HQ city
Ottawa
HQ country
Canada
HQ region
North America

Offices2 records

Markets served

Wi-LAN business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

  1. Patent Licensing Royalties: WiLAN generates revenue by licensing its patent portfolios to third parties under reasonable terms. License fees are paid by companies utilizing WiLAN's patented technologies. The company has signed license agreements worth more than $1 Billion USD since 2006 with over 400 companies licensed.
  2. Patent Partnership Revenue Sharing: Under partnership structures, partners transfer patent portfolios to WiLAN subsidiaries. WiLAN assumes the costs of maintaining such patents while establishing revenue streams from monetization activities, providing cash returns to the partner. Revenue is shared between WiLAN and the partner.
  3. Patent Acquisition/Outright Purchase: WiLAN acquires patents outright, usually in very select areas of interest. This provides an additional revenue stream from divestment arrangements with patent owners.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Wi-LAN product offering

Product offering

Core offering

Wi-LAN Inc. (WiLAN) acquires, manages, and licenses patent portfolios covering wireless communications (including W-OFDM, the basis for IEEE 802.11a/g/n Wi-Fi), semiconductor memory and logic, semiconductor manufacturing, memory interfaces, and wired connectivity (USB-C). It generates revenue by licensing these owned and partnered patent portfolios to third-party technology companies, by running patent partnership programs that share monetization revenue with patent owners, and by acquiring patents outright in select technology areas.

Product overview

Wi-LAN is a patent monetization company offering three integrated service offerings: Patent Licensing Services (licensing Wi-LAN's owned patent portfolios to third parties), Patent Partnership Programs (partnering with patent holders to acquire and monetize their IP with shared revenue), and Patent Acquisition Services (outright patent purchases in targeted technology areas). Since 2006, Wi-LAN has signed license agreements worth over $1 billion USD with over 400 companies. The company's patent portfolios span multiple technology verticals including Wireless Technologies, Memory Interface Technologies, Semiconductor Memory Technologies, Semiconductor Logic Technologies, Semiconductor Manufacturing Technologies, and Wired Connectivity Technologies.

Differentiator

Problem solved

Functional benefit

Products and services

  • Patent Licensing Services

Quantifiable outcome

  • Over $1 Billion USD in license agreements signed since 2006
  • +4 more outcomes

Companies that use Wi-LAN

Customer profile

Named customers26 records

Segments5 records

Ideal customer profiles2 records

Wi-LAN technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature7 records

Wi-LAN partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered major and core.

  • BroadcommajorTechnology or Integration · 27 September 2023WiLAN and its subsidiaries, including Polaris Innovations Limited, entered into a license and settlement agreement with Broadcom. Broadcom obtained a license to patents owned by WiLAN and its subsidiaries. The agreement also includes the settlement and dismissal of all pending patent litigation between the parties in the United States and Germany.
  • KyoceramajorTechnology or Integration · 31 March 2022Kyocera Corporation entered into another multi-year wireless license agreement with WiLAN. WiLAN first signed a license with Kyocera in December 2015. The signing of this new license agreement with Kyocera further validates WiLAN's wireless patent portfolio.
  • PanasonicmajorTechnology or IntegrationWiLAN has signed partnership agreements with Panasonic. In several cases, WiLAN has concluded multiple consecutive partnership agreements with Panasonic. These partnerships have generated hundreds of millions of dollars in licensing revenue.
  • GLOBALFOUNDRIESmajorTechnology or IntegrationWiLAN has signed patent partnership agreements with GLOBALFOUNDRIES as one of their many Fortune 500 partnerships.
  • Western DigitalmajorTechnology or IntegrationWiLAN has signed patent partnership agreements with Western Digital as part of their portfolio of over 50 patent partnerships.
  • InfineonmajorTechnology or IntegrationWiLAN has signed patent partnership agreements with Infineon as part of their portfolio of over 50 patent partnerships.
  • MediaTekmajorTechnology or IntegrationWiLAN has signed patent partnership agreements with MediaTek as part of their portfolio of over 50 patent partnerships.
  • ROHMmajorTechnology or IntegrationWiLAN has signed patent partnership agreements with ROHM as part of their portfolio of over 50 patent partnerships.
  • Polaris Innovations LimitedcoreTechnology or IntegrationPolaris Innovations Limited is a subsidiary of WiLAN that was involved in the license and settlement agreement with Broadcom.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Wi-LAN competitors and assessment

Company assessment

Direct peers

  • Uniloc: Patent licensing and assertion company covering wireless, software, and consumer electronics technologies. Comparable business model and counterparty mix to WiLAN's licensing programs.
  • MPEG LA: Licensing administrator for standards-essential patent pools across video, audio, and wireless. Comparable to WiLAN in administering licensing programs that monetize standards-based technology to global tech OEMs.
  • Optis Wireless Technology: Patent assertion entity focused on wireless and cellular SEPs, monetizing patents against major smartphone and infrastructure vendors. Highly comparable to WiLAN's wireless licensing program and target licensees.
  • Sisvel: Patent pool administrator and licensing company managing wireless, video, and audio SEPs. Comparable to WiLAN's standards-based wireless licensing business and global licensee engagement model.
  • Acacia Research: Public patent licensing company that acquires and licenses patent portfolios across technology sectors. Directly comparable to WiLAN in business model (assertion-based licensing of acquired and partnered IP) and counterparty profile.
  • InterDigital: R&D-driven mobile and video technology company whose primary revenue is patent licensing royalties, including SEPs in wireless. Highly comparable to WiLAN's wireless and standards-based licensing economics.
  • Conversant Intellectual Property Management (formerly MOSAID Technologies): Patent licensing company focused on semiconductor and digital communications IP. Directly comparable to WiLAN, including overlap of executives with MOSAID/Conversant heritage (e.g., Sunwoong Hwang's prior role).

Broad incumbents

  • RPX Corporation: Defensive patent aggregator and licensing platform serving the same Fortune 500 technology counterparties that WiLAN targets. Comparable counterparty universe and standards-essential patent focus, though RPX sits on the defensive side of the market WiLAN monetizes.

Emerging players

  • Marathon Patent Group: IP commercialization and patent assertion company focused on acquiring and licensing patents. Comparable acquisition-and-monetize model to WiLAN's partnership and acquisition programs.

Others

  • Quarterhill Inc. Public holding company of which WiLAN is reported as a subsidiary; QTRH pursues an acquisition-oriented strategy in ITS and IP licensing. Provides capital-markets context for WiLAN's valuation and a partial peer reference for IP-focused investment vehicles.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Wi-LAN social profiles

Digital presence

Wi-LAN financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Wi-LAN leadership team

Management profile

Number of profiles

Profiles4 records

Wi-LAN subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Wi-LAN funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Wi-LAN M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wi-LAN

What does Wi-LAN do?

Wi-LAN Inc. (WiLAN) acquires, manages, and licenses patent portfolios covering wireless communications (including W-OFDM, the basis for IEEE 802.11a/g/n Wi-Fi), semiconductor memory and logic, semiconductor manufacturing, memory interfaces, and wired connectivity (USB-C). It generates revenue by licensing these owned and partnered patent portfolios to third-party technology companies, by running patent partnership programs that share monetization revenue with patent owners, and by acquiring patents outright in select technology areas.

Is Wi-LAN a public or private company?

Wi-LAN is a private company. It is classified as private equity controlled and is currently operating.

When was Wi-LAN founded?

Wi-LAN was founded in 1992. It employs 11 to 50 people.

Where is Wi-LAN based?

Wi-LAN is headquartered in Ottawa, Canada, in the North America region.

How does Wi-LAN make money?

Three revenue lines are on record. Patent Licensing Royalties are the primary driver. The others are patent Partnership Revenue Sharing and patent Acquisition/Outright Purchase.

Who are Wi-LAN's main competitors?

Direct peers on record are Uniloc, MPEG LA, Optis Wireless Technology, Sisvel, Acacia Research, InterDigital and Conversant Intellectual Property Management (formerly MOSAID Technologies). RPX Corporation is listed as a broad incumbent. Marathon Patent Group is listed as an emerging player. Quarterhill Inc. is listed as an others.

Does Wi-LAN have an API?

No public API is recorded for Wi-LAN.

What industry is Wi-LAN in?

Wi-LAN's product category is Intellectual Property Licensing. Its primary akta.pro industry code is BPAHAMAF, IP Licensing, Transactions & Technology Transfer, with a secondary code of BPAHAMAL, Standards-Essential Patents (SEP) & FRAND Advisory. Its NAICS code is 533 and its SIC code is 6794.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
Caixin GlobalIn Profile: The Man Behind China’s Leading Memory ChipmakerChinese memory-chip maker CXMT completed its Shanghai IPO on Monday, with shares surging over 470% on the first day. The listing pushed the company's valuation to 3.3 trillion yuan, briefly making it China's most valuable listed company. The profile highlights Zhu Yiming, who spent two decades building CXMT.PR NewswireWiLAN Subsidiaries Enter into License Agreement with MicronWi-LAN Inc.'s wholly owned subsidiaries (Innovative Memory Solutions, North Star Innovations, and Cetus Technologies) have entered into a license and settlement agreement with Micron Technology, covering patents related to semiconductor memory technologies. The agreement includes the settlement and dismissal of all pending patent litigation between the parties in the United States and China, with confidential license fees payable by Micron. This represents a successful monetization outcome for WiLAN's patent portfolio and resolves ongoing legal disputes across two major jurisdictions.PR NewswireWiLAN Subsidiary Polaris Signs License Agreement with MarvellWiLAN's wholly-owned subsidiary Polaris Innovations Limited has entered into a patent license agreement with Marvell Technology Inc., granting rights to certain Polaris patents related to memory interface technologies. The consideration payable to Polaris and all other terms of the agreement are confidential. The announcement was made by Wi-LAN Inc., a subsidiary of Quarterhill Inc., which operates as a patent monetization company.PR NewswireQuarterhill Announces Third Quarter 2020 Financial ResultsQuarterhill Inc. announced strong Q3 2020 financial results with revenue of $88.0 million and Adjusted EBITDA of $39.0 million, both exceeding the high-end of previously provided guidance ranges. Net income reached $24.5 million ($0.21 per share), driven by a record quarter at subsidiary IRD and the best licensing quarter in three years at subsidiary WiLAN, which signed new agreements with Intel and Kingston Technology Corporation. The company also returned $5.8 million to shareholders via a substantial issuer bid and declared a quarterly dividend of $0.0125 per share.PR NewswireQuarterhill Announces Corporate UpdateQuarterhill Inc. announced it is pausing its M&A diversification strategy and undertaking a review of alternatives to return capital to shareholders, citing COVID-19-related uncertainty, valuation concerns, and the importance of preserving cash as key reasons for the strategic shift. The company, which operates through wholly owned subsidiaries WiLAN, IRD, and VIZIYA, stated its portfolio companies remain operational but may experience some delays in service delivery due to COVID-19 precautions. Quarterhill also confirmed its CEO search is ongoing and will hold a virtual Annual Meeting on April 15, 2020.PR NewswireWiLAN Subsidiary Acquires Patent Portfolio from RohmWi-LAN Inc.'s wholly-owned subsidiary Achlys Technologies Inc. has acquired a portfolio of patents related to advanced semiconductor packaging technologies from Rohm Co. Ltd. of Kyoto, Japan. The transaction terms remain confidential with no financial details disclosed. The acquisition aligns with WiLAN's business model as a patent licensing company that helps companies unlock the value of intellectual property.PR NewswireWiLAN Subsidiary Acquires Patent Portfolio from VidiatorWi-LAN Inc.'s wholly-owned subsidiary, Adaptive Streaming Inc., acquired a portfolio of patents from Vidiator Enterprises Inc. on July 18, 2019. The patents cover Adaptive Bitrate Streaming technology, which is the dominant method for delivering video content over the Internet. Financial terms of the transaction were not disclosed.PR NewswireCisco and WiLAN Sign License AgreementWi-LAN Inc., a patent licensing company and subsidiary of Quarterhill Inc., announced it has granted a license for certain patents to Cisco Systems, Inc. under a confidential agreement. This marks the third license agreement between WiLAN and Cisco, which WiLAN's CEO described as a testament to the value of its patent portfolio. The announcement was made from Ottawa, Canada on December 11, 2018.PR NewswireWiLAN Subsidiary Signs License Agreement with ESMTWi-LAN Inc.'s wholly-owned subsidiary Polaris Innovations Limited has granted a term license for certain DRAM-related patents to Elite Semiconductor Memory Technology Inc. (ESMT), a Taiwanese IC Design company. The specific consideration paid and all other terms of the license agreement are confidential. Wi-LAN, a Quarterhill Inc. company, operates as a patent licensing firm that helps companies unlock value from their intellectual property portfolios.PR NewswireMike McKool Named "Litigator of the Week" by The AmLaw Litigation Daily Following $145 Million Verdict for WiLAN Against AppleMike McKool, founder and Chairman of McKool Smith, was named "Litigator of the Week" by The AmLaw Litigation Daily after securing a $145.1 million patent infringement verdict for WiLAN Inc. against Apple Inc. The verdict was announced on August 1, 2018, following a jury trial before Judge Dana M. Sabraw in the U.S. District Court for the Southern District of California, with jurors finding that Apple infringed WiLAN's patents covering VoLTE wireless communication technology used in iPhone 6 through iPhone 7 Plus models.