Perinton-based intellectual property consultant IP.com has acquired a California patent portfolio management company.
IP.com acquired Pantros IP Inc., whose headquarters are in Sacramento and also has offices in Liechtenstein.
The deal closed Oct. 17, officials said. Terms were not disclosed.
The combined companies employ 55, including 50 at IP.com, officials said.
“The integration of Pantros IP’s expertise in patent analytics and valuation with IP.com’s platform of innovation solutions will provide enormous benefits to our public- and private-sector companies,” said John Bonin, IP.com chief operating officer, in a statement.
“We are excited to extend our unique portfolio of high-venture, enterprise-class solutions for innovation with market-leading analytics and valuation tools.”
Bonin is the top local executive at IP.com, which has 250 technology customers worldwide, officials said.
The acquisition includes Pantros IP Holding AG and IP Frontline AG.
“IP.com will catapult Pantros IP to the next level of excellence for the benefit of our customers,” said Markus Matuschka de Greiffenclau, chairman of the Pantros IP, in the statement.
Pantros will retain its name in the near term, with the companies possibly aligning under one name at some point, officials said. Company locations are expect to remain the same.
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