Quarterhill Inc. (formerly WiLan Inc.) is a Canadian public technology holding company, based in Toronto, 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 was listed on NASDAQ until 2019.
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]