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WiLAN Set To Acquire MOSAID Technologies

Submitted by on August 18, 2011 – 10:40 am

As Wi-LAN Inc. looks to expand its base of operations, they announced plans to acquire MOSAID Technologies, who provides.
Combined Wi-Lan management expects the combined companies will provide stronger research, development and licensing businesses together in an effort to create a stronger, more valuable global licensing business.

“It is my belief that to succeed in today’s market, bigger is better,” Jim Skippen, Chairman & CEO. “Since joining WiLAN my vision has been to increase the company’s scale with a deeper, larger patent portfolio to make it more compelling for potential licensees to choose a license over litigation. While an ambitious goal, we have been very successful. Combining WiLAN and MOSAID is the next logical step.”

Pending approval from the MOSAID board, Wi-Lan plans to make formal all-cash offer to acquire all the outstanding common shares of MOSAID Technologies Incorporated (“MOSAID”) for approximately C$480 million.

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Dave Forde

Dave “The Connector” Forde has been involved in the technology industry across Canada for over 10 years in sales and marketing roles, he launched PR In Canada, and on Profectio.

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