Quarterhill to buy Conduent's tolling business for $70m.

{
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  "signal_type": "news",
  "signal_subtype": "sells_assets_to",
  "detected_at": "2026-06-30T00:00:00+00:00",
  "company": {
    "name": "Conduent",
    "domain": "conduent.com"
  },
  "data": {
    "url": "https://www.itsinternational.com/news/quarterhill-buy-conduents-tolling-business-70m",
    "title": "Quarterhill to buy Conduent's tolling business for $70m.",
    "ticker": "NASDAQ:CNDT",
    "excerpt": "Quarterhill to buy Conduent's tolling business for $70m.\n\nDeal follows Modaxo's $164m purchase of Conduent public transit arm in May\n\nJune 30, 2026 Read time: 2 mins\n\nQuarterhill is to buy Conduent Transportation's tolling business for $70 million in a deal which is expected to close before the end of the year.\n\nIt follows Conduent's sale of its public transit arm to Modaxo for $164m in May - and Modaxo also bought Conduent's kerbside management and parking businesses for $230 million in 2024.\n\nThe tolling business operates in the US and UK and covers all-electronic tolling, roadside and back-office payment processing, image review, automated licence plate recognition, violation enforcement and analytics. Conduent says it supports more than 14 million transactions per day.\n\n\"This tolling transaction, alongside the previously announced public transit agreement, advances our strategy to simplify our portfolio, sharpen focus on our core businesses, and strengthen our financial foundation,\" said Harsha V. Agadi, Conduent president and CEO.\n\n\"ITS International is continuing its strategic journey to enhance long-term value creation, including simplifying its business, strengthening the balance sheet, and increasing sustainable free cash flow.\n\nConduent will also receive a 7% interest in Quarterhill.\n\nQuarterhill chairman Rusty Lewis described the transaction as \"transformational\"...",
    "summary": "Conduent, Inc. sold assets to Quarterhill Inc. in the amount of $70M on Jun 30th '26.",
    "planning": false,
    "image_url": "https://www.itsinternational.com/sites/default/files/2026-06/Quarterhill%20Conduent%20CREDIT%20suyoko%20AdobeStock_2041757962.jpg",
    "confidence": 0.6665,
    "published_at": "2026-06-30T00:00:00Z",
    "effective_date": "2026-06-30",
    "article_sentence": "Quarterhill to buy Conduent's tolling business for $70m.",
    "amount_normalized": 70000000,
    "related_company_name": "Quarterhill Inc.",
    "related_company_domain": "quarterhill.com"
  }
}

curl https://signals.autobound.ai/v1/signals/3d3e008f-b3ea-4b27-9b4e-26d8cf23f3ba \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"conduent.com","limit":20}'