Aware Completes Sale Of Selected Patents And Patent Applications

6/21/2012 4:24 PM ET

Aware, Inc. (AWRE: Quote) said Thursday that it has completed the sale of selected patents and patent applications to Intel Corp. for $75 million.

These patents and patent applications relate to WiFi, LTE and Wireline Home Networking.

Aware said that the sale is part of its patent management operation's efforts to sell and/or license portions of the company's patent portfolio.

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by RTT Staff Writer

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