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

  • Senior Iteris appointment
    July 13, 2012
    Tom Blair, an experienced software industry leader, has joined Iteris and assumed the new position of senior vice president of Iteris’s recently established iPerform group. The group was established in 2011 to focus on the development and deployment of software-based performance measurement and information management solutions. It was expanded with the acquisition of Berkeley Transportation Systems in October 2011, and has since made several key management appointments.
    Read More
  • Swarco acquires Hitex Group
    October 26, 2021
    Acquisition expands Austrian firm's road marking systems business in the UK
    Read More
  • Denso acquires US automotive diagnostic information company
    November 5, 2018
    Denso has acquired Ease Simulation, a US company which develops automotive diagnostics technology. Richard Shiozaki, senior vice president of Denso Products and Services Americas, says the deal is part of a long-term strategy to offer new value for mobility. Ease will now merge with Denso Products and Services America, an automotive components subsidiary based in California. Ease also offers automotive inspection software, automotive emissions equipment and automotive telematics systems.
    Read More
  • IRD sets up virtual WiM systems in Illinois
    April 4, 2023
    Three new VWiM systems will be installed at two sites on I-294 and I-88
    Read More

Highlighted Content