Quarterhill Inc. /
Tolling business
Quarterhill Inc. agrees to buy Conduent Tolling business




Source for the buyer and target: CONDUENT Inc
For the buyer and target.
“FLORHAM PARK, N.J., [June 30, 2026] — Conduent Incorporated (Nasdaq: CNDT), a global technology‑driven business solutions and services provider, today announced that it has entered into a definitive agreement to sell its Tolling business (a division of Conduent Transportation) to Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF), a leading global provider of intelligent transportation system solutions.”
Published 30 Jun 2026
Open the sourceWhat happened
Quarterhill Inc. agreed to purchase Conduent’s Tolling business, a division of Conduent Transportation. The business supports tolling operations in the United States and United Kingdom. [01]
The sale includes $70 million in cash, and Conduent will also receive a 7% interest in Quarterhill Inc. The filing states the transaction is expected to close before the end of 2026. [01]
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Quarterhill Inc. agrees to buy Conduent Tolling business
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Agreement signed · Quarterhill Inc. / Tolling business deal (Agreement signed, published 30 Jun 2026).
Published 30 Jun 2026- Published by CONDUENT Inc
Deal Web as a list
- Quarterhill Inc. (Buyer) buyer this deal. Quarterhill Inc.: 1 deal on Carrywatch.
- Tolling business (Target) target this deal. Tolling business: 1 deal on Carrywatch.
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