CPA Global, based in Saint Helier, Jersey, announced it has acquired Austin-based Innography, a patent search and analytics software provider.
The financial terms of the deal were not disclosed.
CPA Global reported that the acquisition will strengthen its technology and analytics capabilities. It also provides Innography with global clients and complementary software and services offerings. The Innography management team will join CPA Global as part of the acquisition.
“We are delighted to acquire Innography. We have had a strong relationship with the team for a number of years. Combining our businesses will deliver real value to our joint IP client community,” CPA Global’s CEO Simon Webster said in a news release. “Customer requirements for IP search and analytics are developing rapidly and CPA Global is committed to leading the global market in this area as well as delivering a broader suite of technology-enabled services.”
“We’re very excited to become part of CPA Global,” Innography CEO John Martin said in a news release “Together we have the unique opportunity to provide the industry’s first combined workflow and decision-support offering, to enable optimal decision-making for value and cost at every stage of the patent lifecycle.”
Founded in Jersey, Channel Islands in 1969, CPA Global has 2,000 employees worldwide.