PARIS, JANUARY 19, 2021
PARIS, JANUARY 19, 2021
Questel announces the acquisition of the majority stake of innosabi GmbH, an Innovation Management platform based in Munich, Germany, with 55 employees. innosabi provides a single software solution to develop and market innovations faster.
innosabi helps companies establish a new culture of innovation that motivates employees, connects the know-how and helps make informed decisions by using intelligent analysis mechanisms in the selection and prioritization of ideas.
“We are very excited about this new chapter in the history of innosabi. Not only because the global footprint of Questel will help us to reach new markets and audiences. But also because the combination of Questel’s data sources and IP management products with our innovation tools opens up tremendous opportunities for new use cases and innovative features that can set a new standard for the way companies do innovation and IP.” said Catharina van Delden, CEO at innosabi.
Questel has built a true end-to-end integrated platform of software and services addressing all the Intellectual Property needs. Beyond IP, 3 acquisitions in the innovation space, among the 11 acquisitions closed by the Questel group since 2018, position Questel as the major build-up project of this industry.
The rational behind this acquisition is to consolidate a European leadership in innovation management and to build a solid platform for international growth. The integration of innosabi software into Questel catalog creates an end-to-end integrated offer also in the innovation management market.
“innosabi has the perfect fit with Questel strategy to take a significant market share in Germany, the major Innovation market in Europe, after reaching a leading position in France where Questel has acquired Expernova in 2018 and Yoomap in 2019.” said Charles Besson, CEO at Questel.
Clipperton served as the financial advisor to innosabi on this transaction.
Questel is a true end-to-end intellectual property solutions provider to more than 6,000 clients and 1M users across 30 countries. We offer a comprehensive software suite for searching, analyzing and managing inventions and IP assets. Questel also provides services throughout the IP lifecycle, including prior art searches, patent drafting, 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
innosabi is one of the world’s leading providers of software solutions for collaborative innovation and idea management. The company, based in Munich, was founded in 2010 by Catharina van Delden, Jan Fischer, Hans-Peter Heid, and Moritz Sebastian Wurfbaum. Today, innosabi employs 44 full-time employees. Large international corporations rely on innosabi’s software and methodological knowledge 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. innosabi’s customers include Siemens, Daimler, Postbank, Deutsche Telekom and Allianz.