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

For more information on companies in this article

Related Content

  • Introducing the IRD SAW III portable dynamic scale system
    July 21, 2017
    International Road Dynamics’ (IRD) durable IRD SAW III portable wheel load weigher is now available for dynamic weighing; its user-friendly software enables users to efficiently pre-select overloaded trucks. Two IRD SAW scales are paired and connected to a PC via Bluetooth. When a vehicle drives over the scales at slow speed, the weighing result, wheel/axle weights and gross vehicle weight, is displayed on the screen. For weight enforcement with the highest accuracy the system can be switched to static oper
    Read More
  • Econolite Group appoints new president and COO
    August 23, 2016
    Econolite Group (EGI) has appointed Abbas Mohaddes as president and COO, succeeding David St Amant, who is scheduled to retire at the end of 2016. Mohaddes will work closely with St Amant until December to help ensure a smooth transition of responsibilities. Reporting directly to Econolite Group’s CEO Mike Doyle, Mohaddes will be responsible for the company’s global operations, including the continued development of strategic partnerships. During this transition period, EGI will also begin the process o
    Read More
  • IRD to deliver weigh-in-motion and data collection equipment to TISSI
    July 26, 2018
    International Road Dynamics (IRD) will provide weigh-in-motion and data collection equipment to Total Innovative Security Solutions (TISSI) in the Philippines, in a contract valued $1m. The equipment will be used in vehicle control and road monitoring projects. Randy Hanson, IRD’s president and CEO, says the contracts underline the company's commitment and positive relationship with TISSI. The equipment includes portable weigh-in-motion axle weighers and high speed virtual weigh-in-motion systems. Th
    Read More
  • Q-Free touts integration of acquired solutions at ITS America
    June 3, 2015
    Q-Free subsidiary Intelight announced today it has named Michael Wieck (left) as its new CEO. Wieck most recently served as CTO of SWARCO Traffic Americas and brings a diverse ITS background that has spanned 20 years. “I’m extremely pleased to have Michael take on the role of leading the company. His competence and experience will improve our ability to capture an increasing proportion of a growing market,” said Intelight founder Craig Gardner (right) who will continue as president.
    Read More

Highlighted Content