Acquisition complements 2022 acquisition of Ocean Tomo, creating comprehensive intellectual property consulting group.
Global consulting firm J.S. Held has announced the acquisition of TechPats™ and the creation of the Intellectual Property Specialty Services group under its Ocean Tomo brand. For the past 25 years, TechPats has helped the largest publicly traded tech companies gain a competitive advantage from their intangible business assets.
"The combination of J.S. Held's scientific and engineering expertise, Ocean Tomo's intellectual property (IP) financial services, and TechPats' patent-focused technical expertise presents a three-pronged, industry-leading foundation for addressing intangible assets," noted James E. Malackowski, Ocean Tomo Founder and Senior Managing Director.
"Our IPFC and Ocean Tomo acquisitions were premised on a shared vision to add a full slate of IP Specialty Services. Leaders within our IP practice and our corporate development team identified TechPats from a number of global candidates as an ideal anchor acquisition for expansion," reported Jon Held, CEO of J.S. Held.
TechPats' patent-focused business intelligence services will complement the intellectual property opinion, valuation, strategy, transaction brokerage, and capital raising services of Ocean Tomo. "Our hallmark is our strong partnership with our clients, empowering them to grow their business, protect and profit from their intellectual property assets, and strategically position themselves for growth," noted Chris Wichser, CEO of TechPats. Adding, "We look forward to aligning our team of IP-focused technology experts with the more than 1,500 talented engineers, scientists, and other technical experts at J.S. Held for the benefit of our clients."
The Intellectual Property Specialty Services group will service corporate IP departments to provide: Patent-Focused Business Intelligence, including patent infringement analysis, laboratory testing, reverse engineering, tear-down services, patent mining, market analysis, and portfolio assessment;
Portfolio Development Strategy, including competitive technology patent landscapes, patent mining and evaluation, portfolio assessment and cost analysis, and strategic patenting advisory services;
Litigation Support, including assessments related to litigation risk, validity analysis, PTAB & IPR support, and claim chart analysis;
Transaction & Monetization Strategy, including IP acquisition due diligence as well as buy versus build versus abandonment decisions.
With expertise across more than 150 technology sectors, including automotive, semiconductors, software, and wireless/telco, J.S. Held's IP team of Ocean Tomo and TechPats cites service experience with 53% of the 100 largest publicly traded tech companies and 87% of AMLaw 100 law firms.
"The acquisition of TechPats is a natural extension of J.S. Held's vision to provide unrivaled consulting services across all assets and value at risk through our combined technical, scientific, financial, and strategic expertise," added Jon Held.
SOURCE: J.S. Held
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