Innovation/ IP management: innosabi becomes part of the Questel Group

Munich — Ques­tel has acqui­red a majo­rity stake in innosabi GmbH, based in Munich. In addi­tion to their product port­fo­lios, the two parties will leverage their respec­tive market presence to serve a global custo­mer base. In the future, innosabi will conti­nue its busi­ness under the innosabi brand as part of the Ques­tel Group.

Ques­tel will inte­grate the innosabi soft­ware into its product port­fo­lio and offer it globally to both new custo­mers and its exis­ting base of over 6,000 custo­mers in 30 count­ries. By joining Ques­tel, innosabi posi­ti­ons itself for further rapid growth and inter­na­tio­na­liza­tion under the umbrella of a leading soft­ware plat­form with 50% of sales in North America, 30% in Europe and 20% in Asia.

The combi­na­tion of innosabi’s inno­va­tion soft­ware with Questel’s exten­sive range of intellec­tual property manage­ment and cura­ted data source solu­ti­ons is the answer to the chal­lenges compa­nies face in today’s
the fast-moving busi­ness world.

As digi­tiza­tion and tech­no­lo­gi­cal inno­va­tion conti­nue, the compa­nies that are able to drive their success are those that tap into their own inno­va­tion poten­tial. — The combi­na­tion of innosabi’s inno­va­tion tools and Questel’s data and work­flow manage­ment solu­ti­ons makes it easier than ever to mine tech­ni­cal, scien­ti­fic and busi­ness data for new insights and emer­ging oppor­tu­ni­ties, deve­lop them into marke­ta­ble inno­va­tions in direct colla­bo­ra­tion with all stake­hol­ders invol­ved, and conti­nuously manage the results as new IP assets. innosabi as the third acqui­si­tion in this area mani­fests Questel’s stra­te­gic focus on innovation.

For Catha­rina van Delden, co-foun­­der and CEO of innosabi, the inte­gra­tion of their
company into the Ques­tel Group is the next logi­cal step in pursuing innosabi’s vision: “Since innosabi’s first day, we have always belie­ved that inno­va­tion happens where the right people, ideas and know­ledge come toge­ther. That’s exactly what’s happe­ning now that innosabi is beco­ming part of Ques­tel. Toge­ther, we will expand the way IP data is used in crea­ting inno­va­tion — and how it is in turn mana­ged as the IP of the enter­prise. We’re very exci­ted to turn this poten­tial into new, inno­va­tive tools for our customers.”

Charles Besson, CEO of Ques­tel, shares this view and empha­si­zes the importance of
Inno­va­tion solu­ti­ons for Questel’s growth plans: “Since intellec­tual property protec­tion is inter­wo­ven with all successful inno­va­tion initia­ti­ves, innosabi’s soft­ware is very syner­gi­stic to what we do best. All intellec­tual property starts with a great inno­va­tion process, and innosabi has an excep­tio­nal track record of support­ing their clients’ inno­va­tion programs and ensu­ring that inno­va­tion is about more than just ideas. This makes them a perfect fit for the Ques­tel Group.”

About innosabi
innosabi is one of the world’s leading provi­ders of soft­ware solu­ti­ons for colla­bo­ra­tive inno­va­tion and idea manage­ment. The Munich-based company was foun­ded in 2010 by Catha­rina van Delden, Jan Fischer, Hans-Peter Heid and Moritz Sebas­tian Wurf­baum. Today innosabi employs 55 people. Large inter­na­tio­nal corpo­ra­ti­ons rely on innosabi’s soft­ware and metho­do­lo­gi­cal exper­tise to trans­form their inno­va­tion proces­ses by enab­ling open colla­bo­ra­tion with custo­mers, employees, suppli­ers and other rele­vant stake­hol­ders. innosabi empowers orga­niza­ti­ons to leverage their entire ecosys­tem for inno­va­tion. In addi­tion to new forms of digi­tal, large-scale colla­bo­ra­tion, innosabi is conti­nuously deve­lo­ping inno­va­tive analy­sis and evalua­tion mecha­nisms to make more infor­ma­tion and addi­tio­nal data sources available for busi­ness inno­va­tions. Today, innosabi’s custo­mers include Siemens, Daim­ler, Post­bank, Deut­sche Tele­kom and Bayer. Since Janu­ary 2021 innosabi is part of the Ques­tel Group.

About Ques­tel
Ques­tel is an end-to-end intellec­tual property solu­ti­ons provi­der with over 900 employees and more than 6,000 custo­mers and 1 million users in 30 count­ries. Ques­tel offers a compre­hen­sive soft­ware suite for sear­ching, analy­zing and mana­ging inven­ti­ons and IP assets. Ques­tel also provi­des services for the entire intellec­tual property life­cy­cle, inclu­ding prior art sear­ches, patent draf­ting, inter­na­tio­nal filings, trans­la­ti­ons and rene­wals. These solu­ti­ons, when combi­ned with Questel’s IP cost manage­ment plat­form, deli­ver custo­mers an average savings of 30–60% across the entire Prose­cu­tion budget.