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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 > gatekeeper systems
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Comment by cabbieJBJon Jan 03, 2024 8:50am
178 Views
Post# 35808364

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:gatekeeper systems

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:gatekeeper systemsREKR aquisition announced thsi morning. 2x revenue.  Basically buyin a sales dspartment in western US:

Rekor Systems Strengthens Position in Urban Mobility with Acquisition of All Traffic Data Services, LLC


excerpt:

The acquisition is valued at $19 million through a combination of cash and stock. ATD will operate as a business unit within Rekor, leveraging its existing team of approximately 41 employees across offices in 14 states. For fiscal year 2023, ATD is expected to generate approximately $9.5 million in revenue and an estimated $3 million in EBITDA.

More - https://www.accesswire.com/821311/rekor-systems-strengthens-position-in-urban-mobility-with-acquisition-of-all-traffic-data-services-llc
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