Takeover fight between Cdn IT patent companies ends

31.10.2011

But last week Sterling, which has offices in Chicago, Baltimore, and Miami, stepped in.

WiLAN, founded in 1992, won't walk away empty-handed. It owns Mosaid shares and figures it will get $3.6 million back.

Meanwhile, CEO Jim Skippen said in a statement, "WiLAN's board and management are more determined than ever to continue to build a global IP licensing powerhouse that will generate significant long-term value for investors."