Ottawa companies enter into intellectual property venture
Briefs | 04/04/2007 12:54 pm EDT
Wi-LAN Inc. has entered into an intellectual property partnership with March Networks Corp., an Ottawa-based provider of IP-based digital video surveillance solutions. Under terms of the agreement, Wi-LAN will provide intellectual property advice and act as March Networks' exclusive licensing agent for its issued patents. March Networks will also take a worldwide, five-year patent license from Wi-LAN for its wireless products on a running royalty basis. "This type of intellectual property partnership is the type of win-win business relationship we strive for at Wi-LAN," said president and CEO Jim Skippen. "As the demand for video streaming, content management and handset television accelerates, there will be a greater need for the management and control of that data."