Quarterhill Inc T.QTRH

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

Technology Communication Equipment

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.

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Quarterhill Inc > No end to the BB patent sale

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Post by cabbieJBJon Jun 05, 2023 1:19pm

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Post# 35480723

No end to the BB patent sale

An Update on Patent Litigation, the Patent Marketplace, and New Cases Monday, June 5, 2023

PATENT WATCH
Claiming Breach of Contract, Catapult IP Seeks to Unwind BlackBerry’s Patent
Sale to Malikie

In early May, BlackBerry completed the sale of “substantially all of its non-core patents and patent applications” to Malikie Innovations Limited—a subsidiary of Irish patent monetization firm Key Patent Innovations Limited—for $200M in upfront and guaranteed payments, plus a profit-sharing agreement. The transaction closed roughly 16 months after BlackBerry announced a tentative agreement to sell the same portfolio to York Eggleston’s Catapult IP Innovations Inc.—which is now seeking to compel Malikie to participate in an arbitration against BlackBerry to unwind last month’s transaction