PARIS, MARS 31st, 2022
PARIS, MARS 31st, 2022
Global IP solutions provider Questel announced today the acquisition of Sweden-based Markify with 30 professionals, which will accelerate innovation within trademark search, watch, and brand protection.
Markify is a technology-driven SaaS company, that provides searching and watching services to trademark professionals. Markify has a strong reputation and proposes one of the largest collections of worldwide Trademark databases.
The trademark search algorithm was developed by a team of mathematicians, linguists, and computer scientists. The system is built on machine learning and statistical analysis and is continually upgraded and adapted to new countries, languages, and case law findings.
Questel already provides a wide range of brand management services from TM searching, watching, filing, and renewing. Questel also supports its clients throughout the trademark lifecycle with IP portfolio management software and operational excellence services such as cost management and recordals.
This acquisition enriches the Questel offering with best-in-class data and analytics that support brands in marketing their assets and reducing commercial risks.
“With Markify we gain access to the most advanced technology and algorithm-driven solutions within the trademark field. The Questel promise of offering global end-to-end IP services is now truly complete,” says Charles Besson, CEO of Questel.
Questel has pursued a successful strategy in the Trademark services sector with the acquisitions of Brandstock (2019), Novagraaf (2021), Thomsen Trampedach (2021) and, now, Markify (2022). This positions Questel as the world’s largest and most complete TM provider.
Beyond the completeness of the brand management offering, this new step allows Questel to gain autonomy in the content provided to its customers and fosters cross-selling opportunities.
“This is really a match made in heaven,” says Markify CEO Benoit Fallenius. “Questel is a giant in the IP field but has until now lacked a strong tech platform within trademark search, watch, and brand protection. Now, together, we can accelerate innovation within this field and really empower the global trademark community with new, smart tech-driven solutions.”
Questel’s mission is to facilitate the development of innovation in an efficient, secure, and sustainable way. Questel is a true end-to-end intellectual property solutions provider to more than 20,000 clients and one million users across 30 countries. We offer a comprehensive software suite for searching, analyzing, and managing inventions and IP assets. The Questel group also provides services throughout the IP lifecycle, including prior art searches, international filing, translation, and renewals. These solutions, when combined with our IP cost management platform, deliver clients an average savings of 30-60% across the entire prosecution budget.
Markify, launched in December 2010 and headquartered in Stockholm, Sweden, Markify is a technology-driven global provider of best-in-class trademark search, watch, and brand protection.Thousands of small and large law firms and brand owners all over the world use the Markify technology.