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

  • NJDOT and IRD partner on NJPass weigh station bypass for commercial fleets
    November 21, 2016
    International Road Dynamics (IRD) has partnered with the New Jersey Department of Transportation (NJDOT) to launch a new weigh station bypass system, NJPass, at all three inbound New Jersey weigh stations for commercial vehicles participating in the service. Traffic statistics show that over 150,000 trucks encounter these three weigh stations on an annual basis creating a need for a traffic management tool like NJPass. IRD sales manager for NJPass, Eric Hooks, said the technology allows compliant veh
    Read More
  • Malaysia to invest billions in rail development
    September 12, 2013
    Malaysia plans to spend a staggering US$50 billion to develop its rail network over the next seven years, including a high-speed rail linking Kuala Lumpur and Singapore set for 2020, and the urban mass rapid transit system that is rolling out in 2017. Compared to developed countries where rail transport makes up a third of public transportation, Malaysia's share is less than four per cent.
    Read More
  • New markets for travel information apps
    November 26, 2013
    Purpose-designed travel information apps are emerging to support the real estate market in the US – and potentially more widely – in a major diversification away from the conventional automotive and navigation device sectors. In July 2013, Washington State-based Imprev, which develops web-based marketing support aids for realtors, announced its App Generator. Claimed as an industry first, this enables property businesses to create their own branded mobile apps to give away as marketing tools to potential
    Read More
  • IRD to maintain commercial vehicle enforcement systems in Virginia
    January 22, 2019
    International Road Dynamics (IRD) is to use weigh-in-motion (WIM) technology to help maintain commercial vehicle enforcement solutions in the commonwealth of Virginia, US, over a two-year period. The scope of the $4.2 million maintenance and support contract also includes the deployment of IRD’s road side and in-station electronics and computer systems. The company will also use automated vehicle identification equipment, variable message signs, vehicle tracking systems, overview cameras, vehicle dimensio
    Read More

Highlighted Content