Welcome!

News Feed Item

CPA Global Acquires Patrafee, Leading Nordic IP Services Provider

STOCKHOLM, January 22, 2014 /PRNewswire/ --

Increases presence in European patent renewals market; enhances IP software offering to clients

CPA Global, one of the world's top intellectual property (IP) management and software specialists, today announced the acquisition of leading Nordic IP services provider Patrafee AB ("Patrafee"), along with related businesses and IP services products, for an undisclosed amount.

     (Logo: http://photos.prnewswire.com/prnh/20130910/638525 )

The acquisition includes:

  • Patrafee's  patent renewals business, including long-term contracts with the Nordic IP law firms who were previously Patrafee's shareholders
  • Patrawin, Patrafee's IP management software product
  • Patrafee UK, previously a joint-venture between Patrafee and IP Pragmatics, providing IP services in the UK
  • IP Forecaster, the IP cost forecasting product, exclusively sold by Patrafee.

The acquisition strengthens CPA Global's presence in the Nordic region, particularly in the SME (small and medium size enterprises) patent renewals market, and follows the acquisition of IP management software and service provider Ipendo in Sweden in 2011. Patrafee's Nordic-based operations will continue to operate as currently, with additional support from CPA Global in terms of industry expertise, global reach and new service and product offerings. Patrafee UK will be integrated into CPA Global's existing UK operations.

Patrafee was established in Sweden in 1978 and, upon acquisition, was a partnership of 20 Nordic IP law firms.  Patrafee has entered into long-term service agreements with its former shareholders, whereby Patrafee will continue to manage the patent renewal requirements of their clients. The law firms will now also be able to offer their clients the broader suite of IP services and products offered by CPA Global.

Patrawin, Patrafee's IP management software product, will continue to be an important part of Patrafee's offering. As part of the transaction, CPA Global has also acquired IP Forecaster, the market-leading online software product that enables clients to forecast patent costs and timings instantly and accurately. This will be integrated into other CPA Global IP management software solutions, where this will enhance the offering for clients.  Similar to First To File, the electronic document management system acquired by CPA Global in 2013, the addition of IP Forecaster to the product portfolio demonstrates CPA Global's ongoing commitment to providing a comprehensive range of software solutions to clients.

CPA Global Chief Executive Officer Peter Sewell said: "We are delighted to be acquiring Patrafee, a market-leading Nordic business, which has provided IP services to clients for over 30 years. CPA Global is increasingly committed to the Nordic region, and we recognise the importance to clients of having a local, client-focused IP services partner. We are excited to be working together with the Patrafee team and supporting them in delivering world-class IP services in the region.

"We are also pleased to welcome Patrafee's former shareholders as long-term clients of the business and look forward to helping them meet the IP needs of their clients. This special business partnership mirrors the valuable relationship CPA Global has with our own former IP law firm shareholders."

Mats Polkander, Chief Executive Officer of Patrafee, commented: "This is an exciting time for Patrafee and our clients. By combining our business with CPA Global, we will continue to deliver the same quality of local service support that our clients have come to expect, while also providing them with access to CPA Global's extensive international network and its broad portfolio of value-added IP services and products."

*****

About CPA Global 

CPA Global is one of the world's leading intellectual property (IP) management and IP software specialists, and an international provider of outsourced legal services. With offices across Europe, the United States and Asia Pacific, CPA Global supports many of the world's best known corporations and law firms with a range of IP and broader legal services, helping them to manage risk, cost and capacity, and realise greater value for their businesses and IP assets.

CPA Global helps corporates and law firms in managing valuable IP Rights, such as patents, designs and trademarks, ensuring that IP portfolios are protected, maintained and regularly reviewed in order to maximise value. Working closely with its clients, CPA Global ensures they have the best information on which to base IP decisions, and the best support in terms of helping implement those decisions.

Services include patent portfolio optimisation; patent research and analytics; patent and trademark renewals; as well as other IP support services such as docketing, trademark watching and domains management. In IP software, CPA Global offers four market-leading IP management software solutions (FoundationIP, Inprotech, Ipendo, and Memotech) tailored towards different types of clients and their specific needs; First To File, the market-leading electronic document management system for IP; as well as Discover, one of the world's most advanced patent search platforms.

CPA Global is also a leading player in the outsourced legal services sector, providing high quality and cost-efficient legal support services such as transaction support, contract management, anti-bribery and compliance, and legal research through delivery centres in the US and India.

Founded in Jersey, Channel Islands in 1969, CPA Global today employs more than 1,700 people, serving clients' needs in 200 jurisdictions through its own offices and an extensive agent network. CPA Global's diverse client list ranges from major global corporations, headquartered in Europe, North America and Asia Pacific, to small and medium-sized enterprises and innovation start-ups; and from top international law firms to national and regional law and IP firms. For further information, please visit: http://www.cpaglobal.com.

About Patrafee

Patrafee is an intellectual property (IP) services and software company. It offers services and software solutions for the management of IP Rights to law firms and IP Rights holders worldwide. Patrafee has more than 30 years' experience of IP management as a market leader in the Nordic countries.

The service range includes patent annuity services, trademark renewals and domain name services. Patrafee markets and develops three software systems: Patrawin Professional and Patrawin Enterprise, which are IP management software solutions for law firms and corporations, respectively: as well as IP budgeting software IP Forecaster.

Founded in Stockholm, Sweden in 1978 by a group of Nordic IP law firms, Patrafee currently employs 30 people. For further information, please visit: http://www.patrafee.com  

Media Contacts:

CPA Global
Steve Clark: +44(0)20-7549-5504, [email protected] 
Victoria Knowles: +44(0)20-7549-4585, [email protected]

Patrafee
Mats Polkander, Chief Executive Officer: +46(0)709-80-86-96, [email protected]


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed ...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
To manage complex web services with lots of calls to the cloud, many businesses have invested in Application Performance Management (APM) and Network Performance Management (NPM) tools. Together APM and NPM tools are essential aids in improving a business's infrastructure required to support an effective web experience... but they are missing a critical component - Internet visibility.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
"We provide DevOps solutions. We also partner with some key players in the DevOps space and we use the technology that we partner with to engineer custom solutions for different organizations," stated Himanshu Chhetri, CTO of Addteq, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said "No to LUNs." With Tintri they manage only virtual machines, in a fraction of the footprint and at far lower cost than conventional storage. Tintri offers the choice of all-flash or hybrid-flash platform, converged or stand-alone structure and any hypervisor. Rather than obsess with storage, leaders focus on the business app...
Both SaaS vendors and SaaS buyers are going “all-in” to hyperscale IaaS platforms such as AWS, which is disrupting the SaaS value proposition. Why should the enterprise SaaS consumer pay for the SaaS service if their data is resident in adjacent AWS S3 buckets? If both SaaS sellers and buyers are using the same cloud tools, automation and pay-per-transaction model offered by IaaS platforms, then why not host the “shrink-wrapped” software in the customers’ cloud? Further, serverless computing, cl...
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.