Quarterhill, Inc. engages in the acquisition and management of technology companies offering products and services. It operates through the following segments: Licensing, Systems, Services, and Recurring. The Licensing segment focuses in technology licenses, perpetual software licenses, and other revenues characterized as one-time licenses. The Systems segment comprises contracted projects and OEM products which are distributed directly and through a network of distributor/agency relationships. The services segment consists professional services sold on a time and material consulting basis. The Recurring segments comprises service and maintenance contracts, software maintenance contracts, hosted “software as a service” applications, revenues from running royalties, and data analytics services. The company was founded by Michel Tewfik Fattouche and Hatim Zaghloul on May 14, 1992 and is headquartered in Kitchener, Canada.