By KRYSTLE CHOW
Published in the Ottawa Business Journal newspaper and website.
Aug. 22, 2011 (Aug. 23 on OBJ.ca)
Click here to view this article on OBJ.ca.
Tech sector debates whether Ottawa’s most valuable company is killing innovation – or just doing good business
There was a time not so long ago when Wi-LAN Inc. was a bruised and battered technology company with no revenues and only a few hundred thousand dollars in the bank.
“WiLAN was beaten down because people took the intellectual property we developed and didn’t pay for it, which is what often happens with many companies,” says CEO Jim Skippen.
The tables have turned as WiLAN now fights, quite successfully, to defend the technology its founders created. But some say that, in the process, WiLAN’s become much like the parasites at whose hands it once suffered.
The firm is Ottawa’s most valuable technology company, with a market capitalization of roughly $850 million. Just last week, it announced plans for a $480-million, all-cash hostile takeover bid for fellow local patent licensing firm MOSAID Technologies Inc.
The move indicates things have Continue reading →