London, 8 October 2008---CPA Global, the world's top intellectual-property management specialist and a leading provider of outsourced legal support services, announced today that it has acquired the renowned patent research division of SVPG GmbH. Frankfurt-based SVPG, formerly part of Hoechst AG, has a proud history in patent research dating back more than 20 years and specialising in the pharmaceutical, chemical, life sciences, biotech, and engineering sectors.
The acquisition underlines CPA Global's commitment to become the leading player in the global patent research business by increasing its presence in key international markets and further strengthening its expertise in specialist industry sectors. CPA Global is already one of the largest patent researching entities in the world, with offices in the UK (London), Germany (Munich), the US (Alexandria, VA) and India (Noida), and more than 90 patent research specialists located across three continents.
Chris Veator, Executive Vice-President, CPA Global Legal Services, said: "We are continuing to expand our portfolio of patent lifecycle services, of which Patent Research is a critical component. Patent research is an area of strong growth in the outsourced legal services industry, especially for CPA Global, and the acquisition of SVPG's patent research division is a significant part of our growth strategy. It will make an important contribution towards our goal of becoming the recognised global leader in quality patent research for all our clients."
Randy Lacasse, Head of CPA Global's patent search business, said: "We're delighted to be bringing SVPG into our global patent research business. They are a highly respected firm with first rate patent research and technical analysis skills. The acquisition strengthens our presence and client base in the important German market, while further enhancing our expertise in key industry sectors such as pharmaceutical, chemical and life sciences, as well as our linguistic capabilities."
About SVPG
Formerly a business unit of German chemical and life sciences company Hoechst AG (now part of Sanofi Aventis), SVPG has a proud history in patent research dating back more than 20 years and specialising in the chemical, life sciences, pharmaceutical, biotech, and engineering sectors. SVPG counts amongst its clients many of the leading corporations and law firms in Germany.About CPA Global
With clients in over 100 countries, CPA Global is a leading provider of outsourced legal support services and the world's top intellectual property (IP) management specialist. Founded in 1969, CPA Global provides lifecycle management services for intellectual property such as patent, design and trademark searching, watching, renewals, and portfolio strategy. CPA Global is also a leader in the growing market for outsourced contract management and litigation support services, helping law firms and corporations to realise value by managing risk, cost and capacity. CPA Global employs over 1,000 people in 16 offices in 8 countries.Media Contacts
UKRelated links:
http://www.cpaglobal.com