Wi-LAN, a Quarterhill (NASDAQ: QTRH) company, this morning said that its wholly owned SecureWave Storage Solutions, Inc. subsidiary has acquired a portfolio of patents from Wave Systems Corp. The patents cover various technologies including improvements to securing data for storage devices, such as self-encrypting drives. These enhancements prevent unauthorized access to data at the storage device level in client devices, data centers, and servers. Following the news, shares of Quarterhill reached a new 52-week high, currently trading at $1.79.
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About WiLAN
WiLAN, a Quarterhill company, is a global patent licensing company. The company helps companies unlock the value of intellectual property by managing and licensing their patent portfolios. The company operates in a variety of markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies. For more information visit www.wilan.com.
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