This past week, Quarterhill Inc. announced its financial results for the three- and twelve-month periods ended December 31, 2019, reporting an increase of more than 280% in year-over-year patent licensing revenue. In Thursday’s earnings call, Board Chairman John Gillberry told investors that Quarterhill’s patent licensing business is “alive and well”, with patent deals signed in Q4 having increased the company’s cash balance of $68.6M (as of December 31, 2019) to “roughly $90M” (as of February 27).

Wi-LAN Inc. (the licensing arm of Quarterhill Inc.) announced on Friday that its Adaptive Streaming Inc. subsidiary has acquired a patent portfolio from Vidiator Enterprises, “a pioneer in the delivery of audio and video data”. According to Wi-LAN, the portfolio relates to adaptive bitrate streaming (also known as adaptive streaming), which it touts as “the primary way in which video is delivered over the Internet today”.