ANAQUA BUYS QUANTIFY IP FOR ADVANCED INTELLECTUAL PROPERTY COST BUDGETING, FORECASTING

 KUALA LUMPUR, Feb. 18 (Bernama) -- Anaqua, an  innovation and intellectual property management solutions provider, has acquired global IP cost estimating software provider, Quantify IP.

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 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.

According to a statement, Global IP Estimator helps IP practitioners generate worldwide future-cost estimates for trademark, patent, design, and utility model applications, while Portfolio Estimator helps IP practitioners calculate worldwide costs for an entire patent portfolio or trademark portfolio.  

“Our goal is to continue delivering the most comprehensive IP management solutions that address the diversified needs of IP practitioners today and tomorrow,” said Bob Romeo, Chief Executive Officer (CEO) of Anaqua.

With the acquisition, Anthony de Andrade will be stepping down from his current role as Quantify IP President and CEO, and Romeo will lead the team to further evolve the products.

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

-- BERNAMA