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

  • Q-Free continues to strengthen ATMS business
    April 23, 2014
    Following its recent acquisition of TDC Systems in the UK, Q-Free is to acquire Slovenian company Traffic Design, an acquisition that reflects a continuation of Q-Free’s strategy to strengthen its business within Advanced Transportation Management Systems (ATMS). Traffic Design was established in 1990 and is the market leader in traffic management, parking systems and tolling in Slovenia. The company has installed traffic management and parking systems nationwide and is the operator of the country’s tol
    Read More
  • Lacroix Group completes strategic expansion
    July 1, 2015
    French technology group Lacroix has recently made two strategic acquisitions, enabling it to expand its international presence, to develop in the smart cities sector and to capitalise on new growth areas. The acquisition of Spanish company DSTA enabled Lacroix to expand its offering in variable message signs, traffic signals and public transport information panels, making it more competitive while providing its customers with proven end-to-end technological solutions. By acquiring SOGEXI, the French s
    Read More
  • $10.2m Hawaii traffic monitoring deal for IRD
    September 20, 2023
    Five-year contract sees Canadian firm responsible for data collection across 91 sites
    Read More
  • Mixed results for public-private traffic management partnerships
    January 25, 2012
    David Crawford looks at the somewhat patchy success to date of trying to involve the private sector in operating traffic management centres
    Read More

Highlighted Content