Analog Devices Chooses Anaqua for Intellectual Property Management
Anaqua continues significant expansion in tech sector
Anaqua, Inc., a leading provider of intellectual property (IP) management and analytics software and services, today announced that Analog Devices, Inc., a global leader in high-performance semiconductors for signal processing applications, has selected Anaqua’s SaaS platform for Intellectual Property Management.
Analog Devices, specializes in designing and manufacturing analog, mixed-signal, and DSP integrated circuits used in all types of electronic equipment and relies heavily on its IP assets to stay ahead of its competitors. The publicly traded company, with over $4 Billion invested in R&D since 2009, will use ANAQUA to manage its entire intellectual property portfolio which includes over 14,000 patent assets.
Analog Devices chose Anaqua for its robust rules and workflow which they expect will streamline prosecution, foreign filing and outside counsel collaboration while reducing operational risk.
Benjamin Brown, Assistant General Counsel for IP at Analog Devices, led the selection process that chose Anaqua. “We needed a system we could trust, that could automate tasks now done manually, and one that could easily scale to match our growth,” Brown said. “Anaqua’s software matched our vision and will help us better manage how we’re using our resources and understanding the return we’re getting from our IP spend. We were impressed by Anaqua =- their execution, integration, support, and implementation – it’s all there.”
Bob Romeo, CEO of Anaqua, added, “We are pleased to welcome Analog Devices to our growing list of tech clients. It is impressive to have a leader in the semiconductor space demonstrate that our software and services are the best solution for IP management.”