# Wi-Lan acquires VIZIYA for $40.5 million

Wi-Lan has entered into a definitive agreement to acquire VIZIYA Corporation for about $40.5 million. The acquisition marks Wi-Lan's move into the industrial Internet of Things.

- Type: Acquisition
- Announced: 2017-05-10
- Where: Canada
- Value: $40.5M
- Status: announced
- Products: asset performance software and services

## Companies

- [Wi-Lan](https://endata.com/companies/17139.md) (acquirer)
- [VIZIYA Corporation](https://endata.com/companies/17140.md) (target)

## Sources

- [financialpost.com](https://financialpost.com/news/wi-lans-acquisition-of-viziya-marks-move-into-the-industrial-internet-of-things/), 2017-05-10: "Wi-Lan has acquired VIZIYA, or to be perfectly accurate, has 'entered into a definitive agreement' to acquire the company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.