Unwired Planet (UPIP) CEO Michael Mulica is stepping down as of May 31, per the terms of a...

|By:, SA News Editor

Unwired Planet (UPIP) CEO Michael Mulica is stepping down as of May 31, per the terms of a separation agreement. Mulica will remain on UPIP's board "for the forseeable future;" no info is provided about who his successor will be. Separately, UPIP announces it has closed its patent-purchase deal with Ericsson - shares took off in January when the deal was announced.