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Quarterhill Inc T.QTRH

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

Technology Communication Equipment
Quarterhill Inc. is a Canada-based company, which is engaged in providing of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The Company is focused on the acquisition, management and growth of companies that provide integrated, tolling and mobility systems and solutions to the ITS industry as well as its adjacent markets. The Company’s solutions include congestion charging, performance management, insights & analytics, analytics, toll interoperability, mobility marketplace, maintenance, e-screening, tire anomaly detection, multi-modal data, intersection management, and others. Its tolling includes roadside technologies, commerce and mobility platforms, audit and enforcement, and tolling services. Its safety and enforcement comprise commercial vehicles, automated enforcement, freight mobility, smart transportation, and data solutions. The Company’s wholly owned subsidiary is International Road Dynamics Inc.


TSX:QTRH - Post by User

Quarterhill Inc > BlackBerry to sell legacy patents to Catapult IP Innovations
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Post by 100millon Jan 31, 2022 7:50am
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Post# 34377552

BlackBerry to sell legacy patents to Catapult IP Innovations

BlackBerry to sell legacy patents to Catapult IP InnovationsPosted for those who were concerned that Wilan might bid on the Blackberry patents.

BlackBerry to sell legacy patents to Catapult IP Innovations for $600 million

BlackBerry Ltd. BB, +4.37% said Monday it has entered an agreement to sell legacy patents relating mostly to mobile devices, messaging and wireless networking to Catapult IP Innovations Inc. for $600 million. The Canadian cybersecurity company said patents essential to its core business are not included in the deal. BlackBerry will have a license back to the patents being sold and customers will not feel any impact on the use of its products or services. Delaware-based Catapult is a special purpose vehicle that was formed to acquire the patents and will fund the deal using a loan provided by a syndicate led by Toronto-based Third Eye Capital that includes a Canadian pension fund. Shares were down 1.7% premarket and have fallen 44% in the last 12 months, while the S&P 500 SPX, +2.43% has gained 19%.
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