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Quarterhill Inc

09:47 AM EST - Quarterhill Inc : Announced that its Wi-LAN Inc. subsidiary has entered into a license agreement and settled all pending wireless patent litigation with LG Electronics. Subject to the license agreement, LG has obtained a multi-year license to certain WiLAN patents related to wireless technology. This is the second license LG has taken to WiLAN's wireless patent portfolio; the first license LG received from WiLAN was concluded in 2010. The license fees paid to WiLAN and all other terms of this agreement are confidential. Quarterhill Inc shares T.QTRH are trading up $0.01 at $1.72.