Wi-Lan finalizes licensing deal with Samsung; shares jump

[Wireless News]

http://l2.yimg.com/bt/api/res/1.2/d3o1gs.OI4zaq9R2Yjyyjg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-20T214124Z_1_CBRE95J1O9I00_RTROPTP_2_SAMSUNG-S4.JPG (http://news.yahoo.com/wi-lan-finalizes-licensing-deal-samsung-shares-jump-214124742.html)TORONTO (Reuters) - Patent licensing company Wi-Lan Inc said on Thursday it has renewed a broad long-term license deal with Samsung Electronics Co, allowing the South Korean technology company to use Wi-Lan's patents in its mobile devices. Under the license agreement, Wi-Lan has granted Samsung a license to use its patents for wireless mobile products, such as smartphones, tablets, laptops and networking equipment. Shares in Ottawa-based Wi-Lan, which closed on Thursday down 3.1 percent at $4.12 on the Nasdaq, surged some 14 percent to $4.70 in light trading after the bell in the United ...



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