LONDON – CPA, the world's top intellectual-property management specialist and a leading provider of outsourced legal support services, announced today that it has acquired renowned German patent research firm 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'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 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 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 ( http://www.cpaglobal.com/legal_process_outsourcing ) industry, especially for CPA, and the acquisition of SVPG 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'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."