WiLAN subsidiary acquires patent portfolio
Wi-LAN announced that its wholly-owned subsidiary, SecureWave Storage Solutions, has acquired a portfolio of patents which cover a variety of technologies including improvements to securing data for storage devices, such as self-encrypting drives. These improvements prevent unauthorized access to data in client devices, data centers, and servers at the storage device level. The patents were originally owned by Wave Systems Corp. and were offered for sale as part of a corporate reorganization. Wave Systems developed products with hardware-based protection critical to securing data and was a board member of the Trusted Computing Group, the standard setting body promoting hardware-based security for devices in the personal computing platform such as storage devices. The portfolio was acquired in a competitive bid process for an undisclosed amount.