Monday 22 February 2021

US-based intellectual property management solutions company Anaqua has acquired Hawaii-based global IP cost estimating software provider Quantify IP to offer advanced intellectual property cost budgeting and forecasting capabilities, the company said.

Terms of the transaction were not disclosed.

The transaction further strengthens Anaqua's strategic line of IP management solutions and offers law firms and corporations advanced portfolio cost budgeting and forecasting tools to enhance their IP management strategy.

Anaqua will invest in each of Quantify IP's flagship offerings, Global IP Estimator and Portfolio Estimator, and offer these solutions both standalone and integrated with Anaqua's IP management software platforms.

Marks Baughan Securities LLC served as exclusive financial advisor to Quantify IP in this transaction and Latham and Watkins LLP served as legal counsel to Anaqua.

Anaqua, Inc. is a provider of integrated, end-to-end innovation and intellectual property management solutions.

Quantify IP is the creator of Global IP Estimator. The company's product portfolio has expanded to include the Portfolio Estimator, the Strategy Planner, and the company Portfolios Revealed.