NewswireToday - /newswire/ -
New Britain, CT, United States, 2016/04/19 - CPA Global solutions will provide the tools, storage, security and fastening leader with increased functionality, security and cost benefits [SWK: NYSE] - StanleyBlackandDecker.com / CPAGlobal.com.
Stanley Black & Decker, a world-leading provider of tools, storage, commercial electronic security, engineered fastening systems and more has purchased software solutions from CPA Global, the world’s leading provider of intellectual property (IP) management services and software. Stanley Black & Decker is implementing CPA Global’s FoundationIP, a Software as a Service (SaaS) IP Portfolio Management System. The company will also entrust its large patent and trademark portfolio to CPA Global’s Patent and Trademark Renewals Service to manage and monitor its IP renewals around the world.
CPA Global’s FoundationIP provides the secure, comprehensive and scalable software platform that Stanley Black & Decker felt necessary to meet their distinctive requirements. In an effort to continue to align its IP strategy with the company’s overall business strategy, Stanley Black & Decker sought a partner whose products and services could help meet their IP objectives, while helping to maximize IP protection in order to foster innovation. With CPA Global’s long history of being the top global provider of patent and trademark renewals, the union made perfect strategic sense. In addition, with the recent acquisition of Landon IP, CPA Global will continue to support Stanley Black & Decker with patent research and analytics services.
Todd Brydges, Business Manager at CPA Global, remarked: “Stanley Black & Decker is a highly successful, enduring company that truly understands the importance of innovation and protection of its intellectual property. CPA Global is thrilled to expand our existing business relationship by installing FoundationIP, and also by moving the company’s several thousands of patents and trademark records into our Renewals system. LandonIP will keep providing patent search and IP portfolio management services as well. At CPA Global, our aim is to truly engage with our clients as strategic partners and we look forward to expanding our role as a trusted resource for Stanley Black & Decker.”
Adan Ayala, General Patent Counsel at Stanley Black & Decker said: “Stanley Black & Decker is pleased to have selected CPA Global’s FoundationIP for IP portfolio management and Patent and Trademark Renewals Service. We fully expect CPA Global’s solutions to increase efficiency and ensure security in the cloud, while also helping us to contain costs. Stanley Black & Decker is committed to running a state-of-the-art IP operation, and consolidating our IP portfolio management and renewals functions with CPA Global will help us to achieve this goal.”
About CPA Global
CPA Global (cpaglobal.com) is the world's leading intellectual property (IP) management software and services 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 realize 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 maximize 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.
Founded in Jersey, Channel Islands in 1969, CPA Global today employs some 2,000 people, serving clients’ needs in 200 jurisdictions through its own offices and an extensive agent network.
About Stanley Black & Decker, Inc.
Stanley Black & Decker (stanleyblackanddecker.com), an S&P 500 company, is a diversified global provider of hand tools, power tools and related accessories, healthcare solutions, engineered fastening systems and more. The company is headquartered in New Britain, Connecticut.