WiLAN (WILN) Misses Q1 EPS by 15c, Big Miss on Revenues

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WiLAN (WILN) Acquires VIZIYA Corporation

May 4, 2017 6:33 AM EDT

Wi-LAN Inc. (NASDAQ: WILN) and VIZIYA Corporation and its related entities ("VIZIYA") today announced that the two companies have entered into a definitive agreement for WiLAN to purchase all of the issued and outstanding shares of VIZIYA. VIZIYA is a software and services provider that helps companies optimize their asset performance. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.

VIZIYA's asset management software helps its many Fortune 1000 customers optimize their asset performance and uptime, allowing them to achieve their production targets, control costs, and manage safety and... More