ANAQUA ACQUIRES ACTIO IP TO OFFER INTEGRATED TECH-ENABLED FOREIGN FILING SOLUTIONS
Acquisition expands Anaqua’s offerings with easy-to-use platform, supported by exceptional customer service, to help IP practitioners streamline their global filings process
BOSTON, May 25 (Bernama-GLOBE NEWSWIRE) -- Anaqua, the leading innovation and intellectual property (IP) management technology provider, today announced that it has acquired tech-enabled IP services company Actio IP from Acapo AS. The transaction further strengthens Anaqua’s strategic line of IP management solutions, offering corporations and law firms an intuitive, transparent, and efficient experience in managing the Patent Cooperation Treaty (PCT) National Phase and European Patent (EP) Validation filing processes.
Anaqua will continue to enhance Actio IP’s tech-enabled foreign filing services platform, ACTIO Portal, while significantly investing in the integration of the services with Anaqua’s IP management software and payment services. Actio IP, which also offers IP renewals, will add incremental volume to Anaqua’s existing payments business.
“Both companies share a deep commitment to leveraging technology to optimize the IP workflow process,” said Christine Jennings, President of Anaqua Services, who will lead the new business unit. “We believe this combination will enhance the customer experience by pairing our existing payments business with another high-quality service that can be seamlessly-integrated with our software platforms and other offerings.”
All Actio IP employees will join Anaqua as part of the acquisition, as the business expands its current operations in Bergen, Norway under the management of Actio IP executives Spencer Vold-Burgess and Anders Osa-Svanberg, who will both report to Christine Jennings.
“The combination of the two companies will serve to address the growing demand for increased efficiency in global filings,” said Spencer Vold-Burgess, who will join Anaqua as Director, Client Services. “Since our initial interactions with Anaqua, it has been clear that we share the same goals in providing unparalleled IP solutions and customer service to help our clients streamline IP management processes. Our team has been impressed with Anaqua’s global scale and client base, and look forward to joining the Anaqua team and innovating to better serve this evolving industry.”
“Anaqua will be a great partner for Actio IP going forward,” said Hilde Vold-Burgess, Managing Partner of Acapo. “This acquisition will strengthen Actio IP’s capacity to pursue strategic growth initiatives and continue delivering innovative solutions to the IP industry. We wish Actio IP and the team all the best under the Anaqua umbrella, and look forward to continuing using their services as they enter this next phase of scaling.”
Latham & Watkins LLP and Wikborg Rein Advokatfirma AS served as legal counsel to Anaqua.
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