CANADA: Wi-LAN Inc. announced that Telrad Networks Inc. has taken a license to WiLAN's wireless patent portfolio including LTE-related technologies.
The license grants royalty bearing rights covering Telrad Networks' worldwide sales of all WiMAX and LTE telecommunications equipment. All other terms of the license agreement are confidential.
"We are pleased to include Telrad Networks, a leader in the area of telecommunications network equipment and deployment services, as one of WiLAN's licensees," said Andrew Parolin, senior VP, Licensing. "We worked quickly and effectively with Telrad's management to conclude this agreement, allowing them to integrate a newly purchased business unit. We look forward to working with them in the future to collaborate on patent acquisition or partnering matters."
Telrad is an established telecom equipment vendor and services company that has been providing communications products and services used by millions of end-users worldwide. The company combines a high level of technological experience gathered in decades of dedication to customer service with expertise in developing products in the areas of IP NGN soft switches, media gateways, transport solutions in the optical and metro networks, enterprise, wireless and switching. In tangent to its product divisions, Telrad provides full solutions and system integration for TDM and NGN solutions.