Patentech, Commercialization of Patents
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פטנטק, מסחור פטנטים

01.10.2012

A Deal of Patentech: WiLAN Acquires Patent Portfolio from Alvarion

WILAN (a technology innovation and licensing company) and Alvarion Ltd. (a global provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and private networks) announced (October 1, 2012) the sale of part of Alvarion patent portfolio to WILAN for $19 million. Patentech was involved in the deal.
“This is an important milestone in Alvarion’s turnaround plan. By capitalizing on a portion of our IP portfolio, we are bringing cash into the company without undermining our future growth,” said Hezi Lapid, President and CEO of Alvarion in a company press release.
In a recent TheMarker publication, Naomi Assia commented that WiLAN saw the potential that exists in the Israeli market, and that this transaction may open additional transactions in the near future.