Global intellectual property (IP) solutions provider Questel has acquired Equinox, a Leeds-based technology company known for its powerful IP management system (IPMS).
The Equinox IPMS solution will bolster Questel’s already well-established position in the IPMS market by adding a dedicated solution for law firm clients.
Sam Nicholson, Managing Director at Equinox, said: “Questel is an ideal organization for Equinox to join and we’re excited to share knowledge and resources as we continue to grow internationally.
“Equinox has already carved a strong presence in the global IP tech market and, by leveraging the technology and services of Questel, we expect to better establish ourselves as a market leader while expanding what we can offer to our subscribers.
“We’ve worked closely with the Questel team and we’re confident that we share the same core values. Both organizations take a tech-first approach to IP software, bringing together innovative thinking that will develop advanced, industry-leading solutions.”
Equinox has grown substantially in recent years with its team of 36 employees now supporting almost 250 clients in 25 countries. By joining the Questel group, the company and software are now poised to expand further internationally, benefiting from a global sales team based in 30 countries.
Charles Besson, CEO at Questel, said: “Equinox is experiencing strong traction in Europe, with successful implementations for clients on all continents, and we are looking forward to bringing this state-of-the-art solution to law firms around the world. Alongside this acquisition, Questel is on track to become the global leader in the IP Management System market.”