CPA Global set for further expansion in Germany
Move to new city centre office in Munich underlines strong commitment to the market
CPA Global, the world's leading intellectual property (IP) management and software specialist, is increasing its investment and presence in the important German market.
Speaking at the opening of the Company's new office, located in the heart of Munich, CPA Global Chief Executive Officer Peter Sewell said: "Germany has an incredibly strong history of innovation and is one of the world's leading centres of intellectual property.
"CPA Global has been helping German companies protect and manage their valuable IP assets for more than 30 years, and we are committed to further expanding our presence and the services we provide in this vibrant IP market."
Mr Sewell said that CPA Global's ongoing commitment to the German market is underlined by the Company's move to a new office in the centre of Munich, which includes a state-of-the art executive briefing centre. "This provides our clients with a more convenient service location as well as an excellent environment for meetings, product demonstrations and training, enabling us to better support them in their IP management needs," he said.
The biggest single market in Europe, Germany is also home to a disproportionately large number of patents. A recent study by the Cologne Institute for Economic Research found that, while Germany represents 1.2% of the world's population, the country accounts for 7.1% of the world's patents.
CPA Global has been serving the IP needs of the German market since the early 1980s, initially offshore from its head office in Jersey, Channel Islands, before opening an office in Munich in 2001. Clients in Germany include major corporations as well as leading IP law firms. Three years ago, in October 2008, CPA Global added a second German office, when it acquired the patent research division of Germany's SVPG, based in Frankfurt, providing clients with further patent search specialisation in the pharmaceutical, chemical, life sciences, biotech, and engineering sectors.
The new office is located in St. Martin Strasse and covers more than 1,000 square metres. The executive briefing centre includes facilities for hosting best practice seminars, bespoke client briefings and ‘live' product demonstrations, as well as an area where IP professionals can meet, share ideas and network.