Broadcom (BRCM -3%) settles a mysterious suit with Canadian patent company Wi-Lan by signing a...

|About: Broadcom Limited (AVGO)|By:, SA News Editor

Broadcom (BRCM -3%) settles a mysterious suit with Canadian patent company Wi-Lan by signing a licensing deal and agreeing to make payments. Last week Intel (INTC) settled. Because Wi-Lan launched 2 suits against 22 companies over its wireless and web patents, expect more settlements before the Feb. court date.