Welcome!

News Feed Item

CPA Global Acquires Patrafee, Leading Nordic IP Services Provider

ALEXANDRIA, Virginia, 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 recognize 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 realize 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 maximize 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 optimization; 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 centers 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:

United States

Julie Mandell +1-571-227-7025, [email protected]

Christina Berrios +1-646-408-4718, [email protected]

United Kingdom

Steve Clark +44(0)20-7549-5504, [email protected]

Victoria Knowles +44(0)20-7549-4585, [email protected]


SOURCE CPA Global

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
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...
Everyone wants the rainbow - reduced IT costs, scalability, continuity, flexibility, manageability, and innovation. But in order to get to that collaboration rainbow, you need the cloud! In this presentation, we'll cover three areas: First - the rainbow of benefits from cloud collaboration. There are many different reasons why more and more companies and institutions are moving to the cloud. Benefits include: cost savings (reducing on-prem infrastructure, reducing data center foot print, redu...
SYS-CON Events announced today that Silicon India has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Published in Silicon Valley, Silicon India magazine is the premiere platform for CIOs to discuss their innovative enterprise solutions and allows IT vendors to learn about new solutions that can help grow their business.
You want to start your DevOps journey but where do you begin? Do you say DevOps loudly 5 times while looking in the mirror and it suddenly appears? Do you hire someone? Do you upskill your existing team? Here are some tips to help support your DevOps transformation. Conor Delanbanque has been involved with building & scaling teams in the DevOps space globally. He is the Head of DevOps Practice at MThree Consulting, a global technology consultancy. Conor founded the Future of DevOps Thought Leade...
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
The technologies behind big data and cloud computing are converging quickly, offering businesses new capabilities for fast, easy, wide-ranging access to data. However, to capitalize on the cost-efficiencies and time-to-value opportunities of analytics in the cloud, big data and cloud technologies must be integrated and managed properly. Pythian's Director of Big Data and Data Science, Danil Zburivsky will explore: The main technology components and best practices being deployed to take advantage...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER gives detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPOalso offers sp...
Today, we have more data to manage than ever. We also have better algorithms that help us access our data faster. Cloud is the driving force behind many of the data warehouse advancements we have enjoyed in recent years. But what are the best practices for storing data in the cloud for machine learning and data science applications?