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CPA Global Acquires Leading Patent Services Provider Landon IP

ST HELIER, Jersey, Aug. 19, 2014 /PRNewswire/ --

Further strengthens search and analytics capabilities to meet increasing demand from clients around the world 

CPA Global, the world's leading specialist in intellectual property (IP) software and services, today announced the acquisition of international patent services provider Landon IP for an undisclosed amount. The acquisition further strengthens CPA Global's patent search and analytics capabilities, while providing Landon IP with access to a larger worldwide network.

     (Logo: http://photos.prnewswire.com/prnh/20130910/638525 )

Landon IP is headquartered in Alexandria, Virginia, close to CPA Global's US headquarters and the US Patent and Trademark Office (USPTO). It also has offices in Detroit, Michigan, as well as internationally, in London, Shanghai and New Delhi. Landon IP was previously wholly owned by the Company's Chief Executive Officer, David Hunt, and other Hunt family interests. Hunt and fellow members of Landon IP's management team will continue in their current roles.

The primary services that Landon IP offers are:

  • Patent search 
    Patent searches for corporates, law firms, universities, and inventors to provide them with a more informed view on such issues as patentability, infringement, freedom to operate, state of the art and validity.
  • Patent Cooperation Treaty (PCT)search    
    Execution of Chapter I PCT International Search Reports under long-term contract to the USPTO.
  • Patent analytics  
    Complex patent analysis - including patent landscape studies, patent mapping and portfolio reviews - to support decision-making around patent strategy, research and development, patent valuations, and licensing or sale of patents.
  • Intellectual Property information retrieval and legal support  
    Professional information retrieval, IP data collection searches and monitoring, and dissemination of worldwide value-added patent file histories through its proprietary Patent Workbench® tool.
  • Patent law education  
    Introductory and advanced patent law courses and educational programmes for patent professionals through its Patent Resources Group subsidiary.

Following the acquisition, Landon IP will operate as a standalone entity and will continue to serve clients in the same manner as previously. CPA Global's management teams will work with Hunt and his team to expand Landon IP's geographic reach and help promote the Company's specialist skills to a broader range of clients worldwide.

CPA Global's Chief Executive Officer, Tim Griffiths, said: "As companies across the world increasingly seek to align the management of their Intellectual Property assets with their broader business objectives, we are seeing greater demand for patent search and analytics services to help inform strategic decision-making. Landon IP is a leader in this area and we are delighted to be working with them to deliver world-class patent services."

Commented Hunt: "Under CPA Global's ownership, Landon IP looks forward to accelerating our growth ambitions, while continuing to provide clients with the same exceptionally high quality of service they have come to expect from us."

About CPA Global  

CPA Global is the world's leading intellectual property (IP) management and IP software specialist, and an international provider of outsourced legal services. With offices across Europe, the United States and Asia Pacific, CPA Global supports many of the world's best known corporations and law firms with a range of IP and broader legal services, helping them to manage risk, cost and capacity, and realise greater value for their businesses and IP assets.

CPA Global helps corporates and law firms in managing valuable IP Rights, such as patents, designs and trademarks, ensuring that IP portfolios are protected, maintained and regularly reviewed in order to maximise value. Working closely with its clients, CPA Global ensures they have the best information on which to base IP decisions, and the best support in terms of helping implement those decisions.

Services include the development and implementation of IP software management solutions; patent portfolio optimisation; patent search and analytics; patent and trademark renewals; as well as other IP support services such as docketing, trademark watching and domains management. CPA Global is also a leading player in the outsourced legal services sector, providing high quality and cost-efficient legal support services such as transaction support, contract management, anti-bribery and compliance, and legal research through global delivery centres in the US, Europe and India.

Founded in Jersey, Channel Islands in 1969, CPA Global today employs more than 1,800 people, serving clients' needs in 200 jurisdictions through its own offices and an extensive agent network. CPA Global's diverse client list ranges from major global corporations, headquartered in Europe, North America and Asia Pacific, to small and medium-sized enterprises and innovation start-ups; and from top international law firms to national and regional law and IP firms. For further information, please visit: http://www.cpaglobal.com.

About Landon IP 

Landon IP is a leading global provider of professional support services throughout the IP lifecycle. Services include patent and trademark searching; non-patent literature searching; in-depth technical analysis; and global information retrieval. The Company is headquartered in Alexandria, Virginia, near the offices of the US Patent and Trademark Office (USPTO), with other offices in Detroit, Michigan, the UK (London), China (Shanghai) and India (New Delhi).

In 2006, Landon IP was awarded a contract to conduct PCT patent searches for the USPTO in the fields of mechanical engineering, life sciences, physical sciences, and electrical communications. Landon IP's relationship with the USPTO was extended and expanded in 2012 with the award of a new contract to perform PCT searches across all of the USPTO's technology areas.

The Company that is today Landon IP traces its history back to 1949 when a predecessor to the present company was founded in the US. For further information, please visit: http://www.landon-ip.com

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Pactera Ranked Top 3 Banking IT Solutions Provider In China Market

BEIJING, Aug. 4, 2014 /PRNewswire/ -- On July 25, global market intelligence firm IDC issued the "Prediction and Analysis on the Chinese Banking Industry IT Solution Market between 2014 and 2018" report. According to the report, outstanding performance of consulting and technology services leader Pactera Technology International Ltd. led the firm to become the second largest domestic player, and overall third largest vendor, in the China banking industry IT solutions market. The historical breakthrough demonstrates that Pactera has, through a transformation of its business, successfully recast itself as an industry leading banking IT solutions provider.

The report further notes that, in addition to becoming China's second largest banking IT solutions provider, Pactera made notable achievements in multiple segments as a result of the firm's fast growth and multi-pronged approach. The firm was ranked first in CRM and Call Center solutions, maintaining its traditional advantages in these two sectors. Pactera also overtook industry peers and ranked first in the payment and liquidation segments, and ranked a very close second in the Business Intelligence (BI) segment.

As China's 'Smart Finance' solutions leader, Pactera further developed its strengths through a series of strategic moves, undertaking several innovative initiatives in addition to its overall strategic transformation. With the accelerating pace of reform across the Chinese banking industry as the backdrop, coupled with breakthroughs in bringing new concepts to market, Pactera expanded its presence in the financial sector with a significant increase in market share attributable to the establishment of its '360 Degree Smart Finance' concept.

Feng Minggang, Executive Vice President and head of the firm's domestic finance business, said that despite a negative environment characterized by a slowdown in growth across the traditional banking industry amid rapid growth of the Internet finance sector, Pactera nevertheless achieved solid growth and strong results thanks to its effort to aggressively address its clients' business challenges. As a consequence, the firm's leading position in the Asia Pacific region's financial sector has been further consolidated and its technologies, solutions and services have been widely recognized by customers. The firm's leading positions in the Chinese banking industry IT solution rankings released by IDC are a result of technological innovations and investments, diversified financial solutions, a move up the value chain and improved capabilities to provide services. Over the last two years, Pactera maintained an overall growth rate of nearly 40 percent in the financial industry market.

Given financial reforms, interest rate liberalization, tightening of regulatory oversight and increasingly severe competition, the ongoing dis-intermediation across the sector is increasingly apparent. These factors have led to an enhancement of competitiveness across the sector and heightened differentiation of products and services through the application of information technologies. The timing is right for the financial sector to upgrade through innovation. With business and delivery centers providing services to the global market, Pactera strengthened its business capabilities in China and across the Asia Pacific region while enhancing its value chain, helping customers to be innovative and transform their business by applying a SMAC (Social, Mobile, Data Analytics, and Cloud Computing) strategy. Targeted at the financial industry, the firm rolled out its comprehensive 'Smart Finance' strategy and solution framework including planning and methodologies. The framework is being widely adopted by customers in the banking, securities and insurance sectors.

Pactera has now expanded its business into both the online and offline sides of the banking industry IT solutions and service sectors, covering the industry's operations management, marketing and customer service segments, including BI, CRM, core banking, e-banking, call centers, financial testing, Internet finance, international settlements, payment platforms, risk management and financial consulting. Several new proprietary modular solutions are aggressively driving sustainable development of the sector. Pactera has a team comprising over 5,000 finance professionals providing services to more than one hundred commercial banks, while providing services to enterprise banks in China and across the globe. These efforts serve to improve its customers' core competitiveness and to enhance their position in the industry. At the same time, Pactera works with its customers to build a new era of smart finance.

IDC predicts that China's banking industry IT solutions market will see a compound growth rate of 23.1 percent between 2014 and 2018 while the size of market scale is on track to reach just under 42 billion yuan (approx. US$6.8 billion) by 2018.

China's banking industry market is on track to become a sizable opportunity for the software service industry. With the wide use of big data, the mobile internet, cloud computing and the adoption of social media, the financial industry is expected to continuously churn out innovative products and business models. The improvement of Pactera's rankings demonstrates the firm's success in its strategic move to focus on major industries. Pactera plans to continue collaborating with its banking customers and partners to build further on that success.

Fiona Zhu
Phone Number: +86.10.5987.5727
Email: fiona.zhu@pactera.com

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Pactera Becomes Number One China-based Offshore IT Service Vendor

BEIJING, Aug. 1, 2014 /PRNewswire/ -- Pactera Technology International Ltd., a global consulting and IT service provider headquartered in China, announced that the company's offshore software development services rank No.1 among all China-based offshore IT service providers based on revenue, according to 2013 world market offshore software development vendor rankings released recently by International Data Corporation (IDC), a globally recognized market research, analysis and advisory firm specializing in information technology, telecommunications, and consumer technology.

This is another major breakthrough of Pactera on offshore software development services since the company ranked No.1 among all China-based offshore IT service providers for the European and American markets.

According to IDC research paper "China-Based Offshore Software Development 2014–2018 Forecast and Analysis" the China-based offshore software development market reached US$5.93 billion in 2013, at a 17.4% year-over-year growth rate. The market is expected to grow to US$13.2 billion in 2018, with a five-year compound annual growth rate (CAGR) of 17.3% for 2014-2018. The report shows that the US, Western Europe and Japan are the major import countries and regions, with cost savings, resource integration and innovation support being primary the motivations.

IDC industry analysis suggests there will be five major trends in the future global outsourcing service development including: ICT third platform technologies represented by cloud computing, big data, mobility, and social networking, driving service outsourcing; flourishing cloud delivery models; operations department-led industry integration; a drive towards differentiation and innovation; and mergers and acquisitions driving global delivery.

"As the offshore industry leader in the Asian-Pacific region, Pactera's fast-growing market share has substantiated these five trends," commented Tiak Koon Loh, Pactera Chief Executive Officer. He also said Pactera's contrarian growth against a global environment of sluggish economic growth is an outcome of taking the initiative to meet challenges, and highlighted that it proves Pactera's leading position in offshore services in the Asian-Pacific region has gradually been consolidated and recognized by global clients.

The Pactera CEO then pointed out that Pactera's rapid growth of global market share is closely related to the company's major strategies such as privatization, strategic transformation and innovation-driven capability enhancement.

"Pactera has improved its value delivery through SMAC (Social, Mobile, Analytics and Cloud) strategy. We have helped clients from traditional industries to transform through innovation. We have also improved service deliverability and extended geographic coverage in Europe, North America, and APAC through mergers and acquisitions," Tiak continued. "More importantly, Pactera has a strong advantage and growing market share in the fast-growing global R&D design service segment market because of outstanding technological innovation capabilities."

Fiona Zhu
Phone Number: +86.10.5987.5727
Email: fiona.zhu@pactera.com

Logo - http://photos.prnewswire.com/prnh/20130118/CN37843LOGO

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Atos Begins 30 Days Countdown to the Nanjing 2014 Youth Olympic Games

BEIJING, July 17, 2014 /PRNewswire/ -- With merely a month to the opening ceremony of the Nanjing 2014 Youth Olympic Games, Atos, the Chief Systems Integrator and international IT services company, announces today that the implementation of the Games I...

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