 VDS is a German-based provider of speed radar, adding new monitoring and enforcement capabilities to International Road Dynamics IRD VDS to be integrated into IRDs wholly owned subsidiary, Sensor Line GmbH Acquisition price of approximately 2.8 million TORONTO, April 28, 2021 PRNewswire - Quarterhill Inc. Quarterhill TSX: QTRH OTCQX: QTRHF, announces that it has completed the acquisition of all the issued and outstanding shares of VDS Verkehrstechnik GmbH VDS, a German-based Intelligent Transportation Systems ITS provider of high precision traffic monitoring devices, for cash consideration of approximately 2.8 million. All dollar amounts are in Canadian dollars unless otherwise stated. 