August 17, 2011

Wi-LAN, #Mosaid deal would create #patent powerhouse - The Globe and Mail

One of Canada’s two biggest patent-licensing companies is making a $480-million offer for the other, highlighting the seemingly unquenchable appetite for intellectual property rights in the technology industry.

Wi-LAN Inc. announced Wednesday it intends to make an offer of $38 per share for Mosaid Technologies Inc., another patent-licensing company headquartered just a few blocks away. The offer represents a 20-per-cent premium above Mosaid’s closing price Wednesday.

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