Wi-LAN is licensing its V-chip patents to Denmark’s Bang & Olufsen, a major supplier of high-end consumer electronics. “We are very pleased that Bang & Olufsen, a marquee manufacturer of home entertainment products, has negotiated licence agreements for our V-chip patents,” says Wi-LAN V-chip president Najmul Siddiqui “Our V-chip licensing team generated significant momentum in 2007 and we expect this momentum to continue in 2008.” Bang & Olufsen is licensing the patents on a running-royalty and has agreed to make retroactive payments for past, unlicensed use of the patents. Wi-LAN has now signed 117 license agreements for its V-chip patents, the television parental controls technology which the company acquired six months ago.