CPA Global and ICEBERG Innovation Partners Team up to Create a New Force in Patent Monetisation
By Cpa Global And Iceberg Innovation Partners, PRNESunday, February 6, 2011
Venture Aims to Help Clients Realise Value Through IP Asset Sales
ST HELIER, Jersey, February 7, 2011 - Leading intellectual property specialists CPA Global and
ICEBERG Innovation Partners Limited (ICEBERG IP) have teamed up to create a
powerful new force in the patent monetisation market. The new venture will
seek to develop a more active market for the sale and acquisition of patents
and to help clients realise greater value from their IP portfolios.
Working together, CPA Global, the world's top intellectual
property (IP) management specialist and a leading provider of legal services
outsourcing (LSO), and ICEBERG IP, the internationally recognised IP
transactions firm, will create opportunities for patent owners to turn
non-core IP assets into cash. The partnership is another component of CPA
Global's strategy to offer its clients true IP portfolio management that goes
beyond administrative functions and provides clients with information to make
more informed and strategic decisions.
Commenting on the new venture, Jim Pohlman, Vice President,
Patent Portfolio Optimisation, CPA Global, said: "Companies around the world
are increasingly recognising the importance and value of their IP assets -
and they want to be certain that those assets are performing to their maximum
potential in terms of value or revenue generation. As part of our integrated
IP portfolio management service, CPA Global works with companies to evaluate
their IP portfolios and help them decide which assets to keep and which could
yield greater benefits through licensing or sale.
"That's where ICEBERG IP comes in. They have a detailed
understanding of the market demand for patent assets and have access to
leading IP acquirers around the world. Clients will benefit from this new
partnership as we will help them identify which assets represent genuine
transaction opportunities, as well as potential buyers for those assets."
Patrick Snow, Managing Director, ICEBERG IP, added: "CPA
Global's clients include many of the world's most IP-rich companies, yet, in
a lot of cases, they may be holding assets that are unused, under-utilised or
no longer aligned with their business strategy. We know that there is
significant market demand for IP assets and, by working with CPA Global, we
can further develop the potential of this market by bringing together patent
sellers and buyers in transactions that are mutually beneficial to both
parties."
About CPA Global
CPA Global is the world's leading provider of IP management
services and legal services outsourcing (LSO), including IP portfolio
management, patent and trademark renewals, transaction support, contract
solutions, and legal research. With offices across Europe, the United States,
Asia and the Pacific, CPA Global supports many of the world's best known
corporations and law firms with a diverse set of legal and IP specific
services. CPA Global helps its clients manage their valuable IP assets, such
as patents, designs and trademarks, ensuring that their IP portfolios are
protected, maintained and regularly reviewed in order to maximise value.
Founded in Jersey, Channel Islands in 1969, CPA Global today employs more
than 1,500 people, serving clients' needs in over 100 countries. For further
information visit: www.cpaglobal.com
About ICEBERG Innovation Partners
ICEBERG Innovation Partners Limited (ICEBERG IP) is a global
'innovation capital' organisation, headquartered in London, England. ICEBERG
IP coordinates with large technology companies, government organisations and
other innovation entities on a global basis to successfully leverage and
monetise their core and non-core technology assets through a blend of IP
divestment and acquisitions, licensing, and venturing. For further
information visit: www.iceberg-ip.com
Media Contacts CPA Global United Kingdom: Steve Clark +44-(0)20-7549-5504, sclark@cpaglobal.com Victoria Knowles +44-(0)20-7549-4585, vknowles@cpaglobal.com United States: Julie Mandell, +1-(571)-227-7025, jmandell@cpaglobal.com ICEBERG IP United Kingdom: Media Relations, +44-(0)20-7887-6377, enquiries@iceberg-ip.com
Media Contacts: CPA Global, United Kingdom: Steve Clark +44-(0)20-7549-5504, sclark at cpaglobal.com; Victoria Knowles +44-(0)20-7549-4585, vknowles at cpaglobal.com; United States: Julie Mandell+1-(571)-227-7025,
jmandell at cpaglobal.com; ICEBERG IP, United Kingdom: Media Relations +44-(0)20-7887-6377, enquiries at iceberg-ip.com
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