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Intel and Wi-LAN SettleWi-LAN announced on Friday that it has reached an agreement with Intel to settle all patent litigation.

Wi-LAN's announcement said Intel will take a "multi-year license" to WiLAN's patent portfolio and make a "series of payments" to WiLAN.

According to this DowJones report, Wi-LAN Chief Executive Jim Skippen said he could not say how much money Intel will pay Wi-LAN, but he did say that it is a "significant amount."

In recent years, Wi-LAN has become an infamous patent troll, filing suit against many large companies, allegedly to protect its patent portfolio, as its primary business model.

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