Canadian patent licensing company WiLan Inc said it would consider selling some of its non-core patents and focus on smaller licensing deals following a strategic review. The company said in October that it was exploring strategic options, including a sale, less than a week after it lost a patent lawsuit against Apple Inc.WiLan's shares fell 23 percent and several analysts downgraded the stock following the ruling.The company, which owns more than 4,000 patents, acquires ownership of intellectual property and then seeks to charge fees from companies that use it.WiLan said on Wednesday that it increased its quarterly dividend to 5 Canadian cents from 4 Canadian cents, effective from the second-quarter results.
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Shares of AAPL traded higher by 0.02% or $0.11/share to $593.87. In the past year, the shares have traded as low as $388.87 and as high as $604.41. On average, 9747340 shares of AAPL exchange hands on a given day and today's volume is recorded at 5929213.
Source
