# Quarterhill sells VIZIYA to Prometheus Group for CAD$49.4M

Quarterhill Inc. completed the sale of VIZIYA Corporation to Prometheus Group for CAD$49.4 million in cash. VIZIYA is a software and services provider for asset performance optimization.

- Type: Acquisition
- Announced: 2020-05-19
- Where: Kitchener, Ontario, Canada
- Value: $36.5M (49.4M CAD)
- Status: completed
- Products: asset performance optimization software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Quarterhill Inc.](https://endata.com/companies/47353.md)
- [VIZIYA Corporation](https://endata.com/companies/17140.md) (target)
- [Prometheus Group](https://endata.com/companies/47354.md) (acquirer)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/quarterhill-announces-cad-49-4-million-sale-of-viziya-to-prometheus-group-831438840.html), 2020-05-19: "Quarterhill Announces CAD$49.4 Million Sale of VIZIYA to Prometheus Group"

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