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QTRH Quarterhill Inc

1.20
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Quarterhill Inc NASDAQ:QTRH NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.20 1.15 1.29 0 01:00:00

Apple Beats Wi-Lan in Patent Battle

23/10/2013 10:40pm

Dow Jones News


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A jury ruled in favor of Apple Inc. (AAPL) on patent-infringement claims from patent-licensing firm Wi-Lan Inc. (WIN.T, WILN).

Shares of Wi-Lan were down 3.3% to $3.82 in after-hours trading.

Wi-Lan previously settled with the other six defendants in the case. The company said it is "disappointed" with the decision and that it is reviewing its options with its counsel.

Additionally, Wi-Lan said it doesn't believe the ruling would have a negative impact on its previous settlements in the case.

In September 2011, Wi-Lan sued Apple, Alcatel-Lucent (ALU, ALU.FR), Dell Inc. (DELL), Hewlett-Packard Co. (HPQ), HTC Corp. (2498.TW), Novatel Wireless Inc. (NVTL) and Sierra Wireless Inc. (SW.T, SWIR) over patent infringement on certain technologies.

However, the jury ruled that Apple hadn't infringed the patent and that two of Wi-Lan's claims were unfounded.

Write to Michael Calia at michael.calia@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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