Quarterhill Inc. (QTRH.TO)
Quarterhill Inc. operates in the Communication Equipment industry of the Technology sector, headquartered in Toronto, ON, CA. The stock last traded at $3.22, up 1.58% on the session, giving a market capitalisation of $384.7M. Its beta of 0.77 implies it has historically moved less than the broad market.
Quarterhill Inc. operates internationally across two distinct business areas: intellectual property (IP) licensing and intelligent transportation systems (ITS). Its Licensing segment manages an extensive portfolio of patents, covering various technological advancements such as wireless and wired communications, diverse memory technologies (including Flash, DRAM, and interface solutions), semiconductor design and packaging, automotive applications, computer gaming, intelligent personal assistants, enhanced image and streaming video processing, and analog circuitry. The Intelligent Systems division offers a comprehensive suite of products and services for advanced transportation infrastructure. This includes enforcement technologies like red light and speed cameras, automated weigh stations for trucks, and toll road equipment. Additionally, it provides sophisticated traffic management and safety platforms, featuring products such as the VectorSense tire sensor suite and the Vehicle Information-In-Motion traffic intelligence system. Other offerings span integrated traffic control solutions, a range of weigh-in-motion systems (both permanent and portable), portable wheel load scales, traffic data collection devices, vehicle and axle detection equipment, and automated vehicle identification services and hardware. These ITS products and services are distributed globally through direct sales, distributors, agents, contractors, and systems integrators. Originally incorporated in 1992 as Wi-LAN Inc., the company rebranded as Quarterhill Inc. in June 2017 and is headquartered in Toronto, Canada.
Quarterhill Inc. is most often compared with the following Technology names: