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Fujitsu Completes Acquisition Of WiMAX Patent Holder
Fujitsu bolstered its WiMAX patent portfolio by closing its acquisition of a Canadian firm with significant intellectual property holdings related to the wireless broadband technology.
May 30, 2006
1 Min Read
Fujitsu said Tuesday it has completed its acquisition of a division of a Canadian company that holds a portfolio of WiMAX-related patents.
Fujitsu Microelectronics America said it has completed acquisition of the intellectual property (IP) division of Wi-LAN. Besides WiMAX-related patents, Fujitsu said it also is acquiring Wi-LAN's technology development division. Fujitsu is challenging Intel as a provider of chipsets for WiMAX wireless broadband systems.
"This acquisition reinforces Fujitsu's commitment to the WiMAX market," Kazuyuki Kawauchi, president and CEO of Fujitsu Microelectronics America, said in a statement. "We have purchased the Wi-LAN IP related to WiMAX, extended the scope of our patent licenses from Wi-LAN, and retained an experienced engineering team to continue our WiMAX development."
Terms of the acquisition were not released.
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