Agreement signedPublished 30 Jun 2026

Quarterhill Inc. /
Tolling business

Quarterhill Inc. agrees to buy Conduent Tolling business

Buy side: Quarterhill Inc.
Buy sideQuarterhill Inc.
Target: Tolling business
TargetTolling business
CONDUENT Inc · 30 Jun 2026Source
Buy side: Quarterhill Inc.
Buy sideQuarterhill Inc.
Target: Tolling business
TargetTolling business
01 / BuyerQuarterhill Inc.
02 / TargetTolling 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

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01

What 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]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · CONDUENT Inc

Quarterhill Inc. agrees to buy Conduent Tolling business

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by CONDUENT Inc

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04

Deal Web

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This dealQuarterhill Inc. / Tolling businessAgreement signed · Published 30 Jun 2026
BuyerQuarterhill Inc.TargetTolling business
This dealQuarterhill Inc. / Tolling business

Agreement signed · Quarterhill Inc. / Tolling business deal (Agreement signed, published 30 Jun 2026).

Published 30 Jun 2026
Timeline
  1. Published by CONDUENT Inc
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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.