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Bullboard - Stock Discussion Forum Quarterhill Inc T.QTRH

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

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... see more

TSX:QTRH - Post Discussion

Quarterhill Inc > Viziya
View:
Post by v_guerriero on Nov 04, 2022 10:19pm

Viziya

Turns out that as soon as Quarterhill sold Viziya, it took off like gangbusters.  

The Viziya core customer group was mining and metals as well as in the oil and gas sector.  2/3 of the business are from those areas.  

Word is that Viziya is worth 5-10X what Prometheus paid for it given the commodities explosion and customers ramped up their digital spending from their huge cash flows.  

This company can't time anything worse.  Well except for announcing the sale of WiLan, which wasn't terrible.  They could have gotten it done, but they dragged its heels for 6 months to get the process going.  Now patents are not transactable.  

Then the Viziya guys that have seen their moonshot go to Prometheus took a clutch of cash from Quarterhill.

Comment by mrmoribund on Nov 07, 2022 8:32am
Sale of Viziya was done May 2020. Hard to fault Quarterhill for not realizing at the time that Russia would invade Ukraine in February 2022. Or that government stimulus would prove as inflationary as it did. Prometheus may also have had access to synergies and/or sales leads that Quarterhill couldn't have had. To whatever degree your story is correct, I'm happy for Prometheus. They made ...more  
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