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Quarterhill Inc T.QTRH

Alternate Symbol(s):  T.QTRH.DB | QTRHF

Quarterhill Inc. is a Canada-based company, which is engaged in providing tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. The Company provides end-to-end mobility systems to some of the tolling authorities in the United States, including in Texas, California and Illinois through Electronic Transaction Consultants, LLC (ETC). ETC’s core products comprise the riteSuite platform, a scalable and customizable cloud-based tolling and mobility solution. The platform has applications for the roadside and back office, with strengths in vehicle identification, tracking, dynamic pricing and interoperability amongst agencies. The Company’s wholly owned subsidiary is International Road Dynamics Inc. (IRD), is a multi-discipline, technology company and provider of Intelligent Transportation Systems. It provides integrate ITS technologies into systems designed to solve and challenging transportation problems.


TSX:QTRH - Post by User

Comment by mrmoribundon Apr 30, 2022 9:19pm
193 Views
Post# 34645414

RE:RE:How much to trust? Or not?

RE:RE:How much to trust? Or not?I think you're missing some key reasons why it was necessary that Bret Kidd take the helm from Paul Hill.

No disrespect to IRD but when ETC was bought it immediately became Quarterhill's dominant operation. (Wilan was important too but it was on the way out.)

It's asking for trouble in the form of corporate disfunction to have the ITS centre of gravity in Richardson, Texas and the central authority in Toronto. Inevitably you'll end up with disagreements and then dissatisfaction at both high and low levels in Texas. Probably you'd see Bret Kidd leaving within less than a year--and if he did you'd quite possibly see his whole team follow him. It may be that Paul's departure directly followed an ultimatum from Bret. We'll never know.

I'm pretty sure that the day ETC was bought the clock was ticking on Paul Hill. As I've said here before, it would have been different if, instead of buying ETC, Quarterhill had made a bunch more tuck-in acquisitions. If that had happened then Paul would likely still be there.

Part of Bret's challenge is keeping that same kind of alienation from creeping into IRD.

Now, if Quarterhill were a $5 billion revenues company then, sure, keep the HQ in Toronto. But ETC, the day it was bought, was much more than just a division.
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