INTELLECTUAL PROPERTY SOFTWARE MARKET ANALYSIS

Key Developments

• In October 2023, MaxVal, a leading provider of intellectual property management solutions, announced the launch of Symphony for law firms. Developed in collaboration with prominent law firms, Symphony is a cutting-edge IP management software designed to empower law firms with streamlined operations, enhanced productivity, reduced risk, and improved visibility and control over their IP practice.
• In December 2022, Questel, a leading provider of intellectual property solutions, acquired Equinox, a U.K.-based company known for its powerful IP management system (IPMS). This acquisition bolstered Questel's existing IPMS offerings by adding a dedicated solution tailored specifically for law firm clients, further strengthening Questel's position as a comprehensive provider of IP management software and services.
• In October 2020, Clarivate announced the integration of Darts-IP's comprehensive IP litigation data into its Innography IP intelligence and analytics platform. This integration allows Clarivate's customers to access a more complete view of global patent and trademark litigation data, enabling them to make better-informed strategic decisions across the entire IP lifecycle, from research and prosecution to licensing and litigation.
• In January 2020, Questel acquired NRI Cyber Patent, a Japan-based company specializing in SaaS solutions for Intellectual Property. This acquisition allowed Questel to strengthen its presence in Japan and enhance its Intellectual Asset Management portfolio. Mr. Takano Seiji, the CEO of NRI Cyber Patent, and his team joined the Questel group, with Takano stating that Questel's international data would substantially increase the value of their tools.