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词条 Quarterhill
释义

  1. History

  2. Business

  3. References

  4. External links

{{merge from|WiLAN|discuss=Talk:Quarterhill#Proposed merge with WiLAN|date=February 2018}}{{Use dmy dates|date=January 2018}}{{Infobox company
| name = Quarterhill Inc.
| logo = Quarterhill_Logo.png
| type = Public
| traded_as = {{ubl|{{TSX|QTRH}} |{{NASDAQ|QTRH}}}}
| industry = Patent monetization, Internet of Things
| foundation = 1992
| location_city = Ottawa, Ontario
| location_country = Canada
| area_served = Worldwide
| key_people = {{nowrap|Jim Skippen, Executive Chairman}}
Douglas Parker, President and CEO
Shaun McEwan, CFO
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| num_employees =
| divisions =
| subsid = WiLan Inc., International Road Dynamics, VIZIYA
| homepage = {{url|www.quarterhill.com}}
}}

Quarterhill Inc. (formerly WiLan Inc.) is a Canadian public technology holding company, based in Ottawa, Ontario. It was founded in 1992 as a wireless technology company. In the mid-2000s, it gradually transitioned into a patent licensing company. In 2017, it renamed itself Quarterhill, and is attempting to become a holding company specializing in the Internet of Things.[1] It is listed on the Toronto Stock Exchange and NASDAQ.

History

WiLan was founded in 1992 by Hatim Zaghloul and Michel Fattouche to commercialize their Wideband Orthogonal Frequency Division Multiplexing (WOFDM) technology.[2] It was originally based in Calgary, Alberta, and the name was an acronym for "Wireless Local Area Network".[3] In March 1998, WiLAN had its initial public offering on the Alberta Stock Exchange at $2.50 per share (it later listed on the Toronto Stock Exchange).[3] WiLAN enjoyed significant success in the context of the tech bubble at the time, but its fortunes changed when the bubble collapsed. From October 1999 to March 2000, WiLan's share price increased from $10 to $94, but it fell back down to $12 by November 2000.[2] By February 2006, the price had fallen to 66 cents.[4]

In 2005, WiLAN reached a significant patent licensing deal with Cisco Systems.[5] In 2006 WiLAN divested its various technology product lines to refocus its business on licensing intellectual property and patent rights. As part of this change of strategy, it replaced it CEO, Bill Dunbar, by its current CEO Jim Skippen. Founder Hatim Zaghloul, who disagreed with the company's change of strategy, resigned from the board.[4] At the same time, the company moved its headquarters from Calgary to Ottawa.[6]

The company's change in strategy was initially successful, and it managed to sign a $50 million license deal with Nokia, allowing Nokia to use WiLAN's wireless patents.[7] From 2006 to 2011, WiLAN expanded its portfolio of patents from 20 to 3,000.[8] WiLAN in turn licensed out this patented technology to companies such as Nokia, LG Electronics, Samsung, Fujitsu, RIM, Intel, Broadcom and Panasonic. From 2011 to 2015, WiLAN experienced significant tailwinds, as a less favorable legal climate led to licencees less willing to pay for patents.[9] Of particular note was WiLAN's 2013 loss of a patent lawsuit against Apple Inc.[10]

in June 2015, WiLAN announced it had signed a multi-year licensing agreement with Samsung, allowing Samsung to use technology in WiLAN's new Qimonda portfolio.[11] In late 2015, WiLAN announced that, beginning in October 2015, it would undergo a significant company restructuring.[12] As part of this restructuring, WiLAN announced that it would spin off its research and development unit and cut its dividend to shareholders. The restructuring would affect 30 per cent of WiLAN's workforce. The company would also focus on licensing patent portfolios owned by other companies and helping companies monetize their patents.

In April 2017, WiLAN acquired International Road Dynamics, a Saskatoon-based road traffic management system engineering company, for $63.5 million.[13] In May 2017, it acquired VIZIYA, a software services provider, for $40 million.[1] These acquisitions were part of a broader restructuring at WiLAN from a patent licensing company to a more diversified technology holding company, specializing in the industrial Internet of Things.[14] As part of the restructuring, WiLan was renamed Quarterhill, although the Will Inc., was created, which contains WiLan Inc., International Road Dynamics, and VIZIYA as subsidiaries.[15]

Business

Quarterhill's principal business is patent licensing, through its WiLAN subsidiary. Its business model is to acquire technology patents, and then license them to companies who use them. The model relies on the threat of legal action against companies who use its patents without permission. It has thus sometimes been described as a patent troll, because it profits from patents, but does not commercialize or develop technologies itself.[9] As of 2015, WiLAN had more than 250 licencees.[9]

References

1. ^{{Cite news|url=http://business.financialpost.com/news/fp-street/wi-lans-acquisition-of-viziya-marks-move-into-the-industrial-internet-of-things|title=Wi-Lan’s acquisition of VIZIYA marks move into the industrial Internet of Things|date=2017-05-10|work=Financial Post|access-date=2018-01-30|language=en-US}}
2. ^{{Cite news|url=https://beta.theglobeandmail.com/report-on-business/wi-lan-caught-between-a-rock-and-a-hard-place/article1194297/|title=Wi-LAN caught between a rock and a hard place|last=|first=|date=2000-11-21|work=The Globe and Mail|access-date=2018-02-16|archive-url=|archive-date=|dead-url=|language=en-GB}}
3. ^{{Cite news|url=https://beta.theglobeandmail.com/report-on-business/wi-lan-chief-keeps-cool-whether-shares-are-hot-or-cold/article770792/|title=Wi-LAN chief keeps cool whether shares are hot or cold|last=|first=|date=2000-11-07|work=The Globe and Mail|access-date=2018-02-16|archive-url=|archive-date=|dead-url=|language=en-GB}}
4. ^{{Cite news|url=http://www.cbc.ca/news/business/wi-lan-co-founder-resigns-over-conflict-with-company-1.609905|title=Wi-Lan co-founder resigns over conflict with company|work=CBC News|access-date=2018-02-16|language=en}}
5. ^{{Cite news|url=http://www.cbc.ca/news/business/wi-lan-shares-jump-on-cisco-deal-1.553752|title=Wi-Lan shares jump on Cisco deal|work=CBC News|access-date=2018-02-16|language=en}}
6. ^{{cite news|url=https://www.pressreader.com/canada/ottawa-citizen/20070112/282686157746474|title=Wi-LAN finds new life in Ottawa|last=Bagnall|first=James|date=January 12, 2007|newspaper=Ottawa Citizen|accessdate=September 20, 2017}}
7. ^{{cite news|url=http://www.cbc.ca/news/technology/nokia-licenses-wi-lan-patents-for-49-2m-1.615172|title=Nokia licenses Wi-LAN patents for $49.2M|date=December 4, 2006|newspaper=CBC News|accessdate=November 29, 2016}}
8. ^{{cite news|url=http://albertaventure.com/2012/03/the-one-that-got-away/|title=Wi-Lan left Alberta to make it big in Ottawa. Will other tech start-ups stay?|last=Czarnecka|first=Marzena|date=March 1, 2012|newspaper=Alberta Venture|accessdate=November 18, 2016}}
9. ^{{Cite news|url=https://www.theglobeandmail.com/globe-investor/investment-ideas/patent-licensing-company-wi-lan-continues-to-underwhelm-investors/article25009709/|title=Patent-licensing company Wi-LAN continues to underwhelm investors|last=|first=|date=2015-06-17|work=The Globe and Mail|access-date=2018-02-16|archive-url=|archive-date=|dead-url=}}
10. ^{{Cite news|url=http://www.cbc.ca/news/business/wi-lan-shares-plunge-after-it-loses-apple-patent-suit-1.2223954|title=Wi-LAN shares plunge after it loses Apple patent suit|work=CBC News|access-date=2018-02-16|language=en}}
11. ^{{citenews|url=https://www.wsj.com/articles/wi-lan-licenses-qimonda-patent-portfolio-to-samsung-1433263874|title=Wi-LAN Licenses Qimonda Patent Portfolio to Samsung|newspaper=The Wall Street Journal|last=King|first=Carolyn|date=June 2, 2015|accessdate=September 20, 2017}}
12. ^{{cite news|url=https://www.theglobeandmail.com/report-on-business/wi-lan-to-restructure-spin-off-rd-slash-dividend/article27095432/|title=Wi-LAN to restructure, spin off R&D, slash dividend|date=November 4, 2015|newspaper=The Globe and Mail|accessdate=November 23, 2016}}
13. ^{{Cite news|url=https://thestarphoenix.com/business/local-business/international-road-dynamics-acquired-for-63-5-million|title=International Road Dynamics acquired for $63.5 million|date=2017-04-18|work=Saskatoon Star-Phoenix}}
14. ^{{cite web|title=Wi-LAN undertakes major transformation to spur growth|url=https://www.bnn.ca/video/wi-lan-undertakes-major-transformation-to-spur-growth~1103517|publisher=BNN|date=18 April 2017|accessdate=31 January 2018}}
15. ^{{cite news|title=Ottawa’s Quarterhill fails to impress investors with record Q3 revenues|url=http://www.obj.ca/article/ottawas-quarterhill-fails-impress-investors-record-q3-revenues|first=Craig|last=Lord|date=9 November 2017|accessdate=31 January 2018|newspaper=Ottawa Business Journal}}

External links

  • Official Website

4 : Companies based in Ottawa|Companies listed on the Toronto Stock Exchange|Companies listed on NASDAQ|Technology companies

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