BRIEF-WiLan and gpc enter new venture

Oct 3 (Reuters) - WiLan Inc :

* Wilan and gpc announce new venture

* Says WiLan will provide a financial investment for the purposes of acquiring


* Says gpc will be responsible for day-to-day operations.

* Says new venture that will focus on patent acquisition and monetization

* Says dispute between the two companies is fully resolved

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