M&A Deal Summary

Wi-Lan Acquires International Road Dynamics

On April 17, 2017, Wi-Lan acquired internet software and services company International Road Dynamics for 64M USD

Acquisition Highlights
  • This is Wi-Lan’s 1st transaction in the Internet Software and Services sector.
  • This is Wi-Lan’s largest (disclosed) transaction.
  • This is Wi-Lan’s 2nd transaction in Canada.
  • This is Wi-Lan’s 1st transaction in Saskatchewan.

M&A Deal Summary

Date 2017-04-17
Target International Road Dynamics
Sector Internet Software and Services
Buyer(s) Wi-Lan
Deal Type Add-on Acquisition
Deal Value 64M USD
Advisor(s) Duff & Phelps Corp. (Financial)
McKercher (Legal)

Target

International Road Dynamics

Saskatoon, Saskatchewan, Canada
International Road Dynamics, Inc. is an Industrial Internet of Things (“IIoT”) company specializing in Intelligent Transportation Systems (“ITS”) and producing a portfolio of integrated hardware and software solutions to better detect, measure and analyze a variety of transportation challenges. International Road Dynamics, Inc. was established in 1980 and is headquartered in Saskatoon, Saskatchewan.

Search 200,388 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Wi-Lan

Ottawa, Ontario, Canada

Category Company
Founded 1992
Sector Information Technology
Employees66
Revenue 98M USD (2014)
DESCRIPTION

Wi-Lan, Inc. is a developer of patented technologies, which are used in products in the communications and consumer electronics markets. The Company was founded in 1992 and is based in Ottawa, Canada.


DEAL STATS #
Overall 8 of 11
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 4 of 5
State (Saskatchewan) 1 of 1
Country (Canada) 2 of 4
Year (2017) 1 of 3
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-26 IXYS CH - Semiconductor Patents

Brugg, Switzerland

IXYS CH GmbH - Semiconductor Patents is a provider of semiconductor products and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-04 VIZIYA

Hamilton, Ontario, Canada

VIZIYA Corp. is a provider of bolt-on software products to enhance ERP-based asset maintenance systems, delivering seamless integration, and improving every stage of the maintenance process. VIZIYA was formed in 2007 and is headquartered in Hamilton, Ontario, with offices in Houston, Atlanta, Greenville, Newport Beach, Madrid, Frankfurt, Pretoria, Cape Town, Brisbane, and Perth.

Buy $41M