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

  • Yotta DCL completes Mayrise Systems acquisition
    July 24, 2013
    Yotta DCL has completed its acquisition of Mayrise Systems, enabling the two companies to strengthen their asset management systems and services business in the UK and overseas. Yotta DCL, the highways technology arm of Oxford Metrics Group (OMG), has long been a business partner with complementary software and services for highways condition management and visualised asset management, as well as extensive highways surveying and consultancy services. Mayrise provides desktop and mobile software and IT servi
    Read More
  • Weigh in motion technology aids overweight vehicle reduction
    March 16, 2012
    Innovative use of truck weighing technology is growing as strategies aimed at reducing numbers of overweight vehicles gather momentum. Business is generally good at present in the truck weighing sector in general, and weigh-in-motion (WIM) technology in particular, according to leading suppliers of systems serving to help reduce overloading. Strategies aimed at deterring excessive truck loading – cutting damage to road networks and risks to safety – vary considerably worldwide, with some governments draggin
    Read More
  • Strong fourth quarter 2014 for IRD
    February 25, 2015
    International Road (IRD) has announced strong results for the three months and year ended 30 November 2014, with net earnings up 50 per cent for the year and revenue up US$1.2 million for the year on solid growth in key geographic markets and product segments. The company also reported fourth quarter gross margin percentage increases on profit gains in Latin American markets and a stable financial position with positive working capital of US$7.7 million.
    Read More
  • New Guardian set to take over Q-Free
    September 29, 2023
    Investment firm is acquiring toll specialist with existing shareholder Rieber & Søn
    Read More

Highlighted Content