0001564590-19-012396.txt : 20190423 0001564590-19-012396.hdr.sgml : 20190423 20190423065945 ACCESSION NUMBER: 0001564590-19-012396 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20190423 FILED AS OF DATE: 20190423 DATE AS OF CHANGE: 20190423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Quarterhill Inc. CENTRAL INDEX KEY: 0001518419 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 280451743 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35152 FILM NUMBER: 19760617 BUSINESS ADDRESS: STREET 1: 303 TERRY FOX DRIVE STREET 2: SUITE 300 CITY: OTTAWA STATE: A6 ZIP: K2K 3J1 BUSINESS PHONE: 613-688-4900 MAIL ADDRESS: STREET 1: 303 TERRY FOX DRIVE STREET 2: SUITE 300 CITY: OTTAWA STATE: A6 ZIP: K2K 3J1 FORMER COMPANY: FORMER CONFORMED NAME: Wi-LAN Inc. DATE OF NAME CHANGE: 20110418 6-K 1 qtrh-6k_20190423.htm 6-K qtrh-6k_20190423.htm

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

__________________________

 

FORM 6-K 

__________________________

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2019
Commission File Number: 001-35152

 

__________________________

 

QUARTERHILL INC.

 

(Translation of registrant’s name into English)

 

__________________________

 

30 Duke Street
Suite 604
Kitchener, Ontario N2H 3W5
Canada
(Address of principal executive office)

 

__________________________

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F               Form 40-F  

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):


EXHIBIT LIST

 

Exhibit

 

Description

99.1 

 

Press Release dated April 23, 2019

 


 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

QUARTERHILL INC.

 

 

 

 

Date: April 23, 2019

By:

/s/ Prashant R. Watchmaker

 

 

Name: Prashant R. Watchmaker 

Title: Senior Vice-President & General Counsel 

 

EX-99.1 2 qtrh-ex991_6.htm EX-99.1 qtrh-ex991_6.htm

Exhibit 99.1

Press release

 

 

WiLAN Subsidiary Polaris Signs License Agreement with NVIDIA

Parties Settle All Pending Litigations

OTTAWA, Canada – April 23, 2019 – Wi-LAN Inc. (“WiLAN”), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (NASDAQ: QTRH), today announced that WiLAN’s wholly-owned subsidiary, Polaris Innovations Limited (“Polaris”), has granted a term license for certain patents owned by Polaris to NVIDIA Corporation (“NVIDIA”) as well as options for NVIDIA to renew through the life of the patents.  The licensed patents relate to memory interface technology and are part of the portfolio that Polaris acquired from Infineon Technologies in June 2015. The license fees payable to Polaris are confidential.

The license also settles all litigations pending between the parties in the US Federal Court for the Northern District of California, the District Court of Dusseldorf, Germany and the Inter Partes Review proceedings at the Patent Trial and Appeal Board of the United States Patent Office, some of the written decisions of which are under appeal at the US Court of Appeals for the Federal Circuit.  On March 28, 2019, the District Court of Dusseldorf found that one of the German patents asserted by Polaris against NVIDIA was infringed and would be provisionally enforceable inter alia by an injunction in favor of Polaris, upon Polaris posting a security bond and pending further proceedings in Munich. Subject to the terms of the license agreement however, the injunction granted by the Dusseldorf Court shall not be enforced by Polaris, and NVIDIA is not pursuing further proceedings to overturn the District Court decision.

“We are very pleased to have reached a comprehensive resolution with NVIDIA with respect to the Polaris memory interface patents,” said Michael Vladescu, President and CEO of WiLAN.  “We believe this license further demonstrates the strength and breadth of the Polaris Portfolio which has now been licensed to numerous companies in various industry sectors including consumer electronics, semiconductor foundry, multimedia processors, DRAM and now graphics processors.”

About WiLAN

WiLAN, a Quarterhill company, is one of the most successful patent licensing companies in the world and helps companies unlock the value of intellectual property by managing and licensing their patent portfolios. The company operates in a variety of markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies. For more information: www.wilan.com.

About Quarterhill

Quarterhill is focused on the disciplined acquisition, management and growth of companies in dedicated technology areas including, vertical market software and solutions, intelligent industrial systems, and innovation and licensing. Quarterhill’s emphasis is on seeking out acquisition opportunities at reasonable valuations that provide a foundation for recurring revenues, predictable cash flows and margins, profitable growth, intimate customer relationships and dedicated

 

 


 

Press release

 

management teams.  Quarterhill is listed on the TSX and NASDAQ under the symbol QTRH.  For more information: www.quarterhill.com.

Forward-looking Information

This news release contains forward-looking statements and forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and other United States and Canadian securities laws. Forward-looking statements and forward-looking information are based on estimates and assumptions made by Quarterhill and WiLAN in light of their experience and their perception of historical trends, current conditions, expected future developments and the expected effects of new business strategies, as well as other factors that Quarterhill and WiLAN believe are appropriate in the circumstances. Many factors could cause actual performance or achievements to differ materially from those expressed or implied by the forward-looking statements or forward-looking information. Such factors include, without limitation, the risks described in Quarterhill’s February 28, 2019 annual information form for the year ended December 31, 2018 (the "AIF"). Copies of the AIF may be obtained at www.sedar.com and as part of Quarterhill’s Form 40-F for the year ended December 31, 2018 filed with the U.S. Securities and Exchange Commission and available at www.sec.com. Quarterhill recommends that readers review and consider all of these risk factors, and notes that readers should not place undue reliance on any of Quarterhill's or WiLAN’s forward-looking statements. Neither Quarterhill nor WiLAN has any intention, and undertakes no obligation, to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

All trademarks and brands mentioned in this release are the property of their respective owners.

 

For inquiries, please contact:

Dave Mason

Investor Relations

T: 613.688.1693

E: ir@quarterhill.com

 

 

 

GRAPHIC 3 g0bibvwztzej000001.jpg GRAPHIC begin 644 g0bibvwztzej000001.jpg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end