WiLAN completes acquisition of IRD, changes name to Quarterhill

WiLAN has completed its acquisition of International Road Dynamics (IRD) and will begin trading on 6 June 2017 as Quarterhill, as part of its plan to transition to a growth-oriented diversified investment holding company by acquiring businesses that will operate alongside the company's intellectual property licensing business.
June 2, 2017 Read time: 1 min
8619 WiLAN has completed its acquisition of 69 International Road Dynamics (IRD) and will begin trading on 6 June 2017 as Quarterhill, as part of its plan to transition to a growth-oriented diversified investment holding company by acquiring businesses that will operate alongside the company's intellectual property licensing business.


Quarterhill has now completed two acquisitions since announcing its new strategy and now has three wholly-owned subsidiaries, IRD, VIZIYA, a software and services provider, and WiLAN.
 
As part of the transition to its acquisition-oriented growth strategy, the company has named John Varghese senior vice president, Corporate Investments to lead its acquisition team.

Classification & Data Collection

Related Content

  • May 14, 2012
    Delcan announces numerous promotions
    The board of directors of Delcan has announced several appointments to principal, senior principal and vice president as part of its programme to reward team members for their strong leadership and technical skills, as well as contributions made to the corporation’s growth and success. In the company’s transportation division, Kelly Roberts and Sam Dinatolo have been promoted to principal. Nigel Astell, based in Vienna, Virginia, USA, who leads Delcan’s rail and transit business has been promoted to vice pr
    Read More
  • March 22, 2012
    Bosch in $1.15 billion acquisition of SPX Corporation
    Bosch Automotive Aftermarket division is in the process of undertaking its largest ever acquisition with plans to acquire the service solutions business of US-headquartered SPX Corporation which develops, manufactures and sells diagnostic and service tools, workshop equipment, and software for the global automotive aftermarket. For 2011, the business, based in Warren, Missouri and which employs some 2,700 people in 17 countries, primarily in the US, Germany, France, and China, is expected to generate sales
    Read More
  • March 23, 2012
    Handheld acquires TimbaTec
    The Handheld Group of Sweden, a manufacturer of rugged PDAs and mobile devices, has acquired TimbaTec, a supplier of rugged mobile computers in Germany, Austria and Switzerland from Latschbacher, a supplier of computers, software and RFID tagging equipment for the forest industry, and Handheld’s existing distribution partner in Germany, Austria and Switzerland. Handheld will turn TimbaTec into two wholly owned new companies, Handheld Germany and Handheld Swiss, which both will be fully owned by Handheld Gro
    Read More
  • October 23, 2015
    NEC to work with Royal Borough of Greenwich for smart city solutions
    NEC Corporation has announced today that NEC Europe has signed a memorandum of understanding (MOU) with the Royal Borough of Greenwich in London to collaborate on the use of big data analytics and visualisation to improve public and commercial services for local residents, as part of the newly-announced Greenwich Smart City Strategy. Digital Greenwich, a wholly owned subsidiary of the Royal Borough of Greenwich, promotes the development of the digital economy in the borough. This includes developing inn
    Read More

Highlighted Content