MaxVal Group, Inc., a leader in patent lifecycle management has acquired Intellectual Assets Inc. (IAI), a Silicon Valley based IP Advisory services firm. IAI’s clients range in size from start-ups to Fortune 25 companies that include non-profits, investment organizations, government agencies, national patent offices, law firms, and management consulting service firms.
MaxVal focuses on providing solutions to patent attorneys and improving operational and cost efficiencies in the patent operations groups. MaxVal’s solutions includes a mix of software products and value added services such as prior art searching, creating and maintaining patent databases, paralegal services, etc. IAI has focused primarily on catering to the needs of R&D, Business Development and Licensing groups in companies by providing them project evaluation, competitive intelligence and strategic decision services.
The combined skill sets, capabilities and resources of MaxVal and IAI can now service a broader client base whose products or services depend on Intellectual Property for their inspiration and protection.
IAI will operate as a division under MaxVal and IAI’s clients will continue to receive the excellent quality of service, work products and advice that has been provided by IAI in the past.
The combination of MaxVal and Intellectual Assets Inc. will continue to develop, share and use cutting edge IP assessment tools and proprietary software to optimize patent lifecycle management.
About Intellectual Assets, Inc.
Intellectual Assets, Inc. is a privately held company, founded in 2001, headquartered in Saratoga, CA. It has an industry-wide reputation as a trusted resource for delivering best-in-class products and services. Intellectual Assets, Inc.’s extensive network of R&D and Licensing professionals enables it to deliver a suite of IP products and management services across an array of industries. IAI’s team includes senior R&D, Licensing, Business Development, and Operations executives.
About MaxVal Group, Inc.
Founded in 2004 by a practicing patent attorney, MaxVal has created innovative tools and services to solve real-world patent problems encountered by their clients. It serves both in-house and outside counsel, as well as patent operations at both corporations and law firms. MaxVal’s team includes patent attorneys and agents, software developers, database experts, and paralegal and docketing professionals.
For additional information, contact D. Bommi Bommannan or Paul Germeraad at 650 472 0644.