Anaqua to Acquire Practice Insight to Expand IP Management Solutions.
MANews-(C)2009-2022
Boston-based intellectual property management provider Anaqua has entered into a definitive agreement to acquire Australian Practice Insight Pty Ltd, and its intelligent time capture software WiseTime, from IPH Ltd., the company said.
Terms of the transaction were not disclosed. The transaction is conditional on regulatory approvals and other usual conditions and is expected to complete early in 3Q22.
In leveraging Practice Insight's technology for integrated IP time and billing functionality, Anaqua continues its investment in both AQX Law Firm and PATTSY WAVE as end-to-end IP practice management solutions, while adding WiseTime, Practice Insight's flagship autonomous time capture tool to its suite of standalone offerings.
The Practice Insight team will maintain its footprint in Perth, Australia...
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