Corsearch acquires legal tech company TrademarkNow

New York-based Corsearch, a provider of trademark research and brand protection solutions, has acquired legal tech company TrademarkNow for an undisclosed price.

According to Corsearch, the acquisition extends its trademark search and watch capabilities and further boosts its global presence.

The company said that due to a growingly complex business environment, trademark practitioners need a greater breadth of solutions which support their requirement to collaboratively and instantaneously work from anywhere.

Corsearch said that along with its team of legal tech innovators, the addition of TrademarkNow’s intelligent, online platform will give its customers fast, integrated options for the screening, watching, searching, and protection of trademarks in a manner that suits their varying requirements.

Corsearch acquires legal tech company TrademarkNow

TrademarkNow’s web-based trademark management platform is said to be used by enterprise firms, legal companies, and branding agencies for instant trademark search and watch results.

The legal tech company employs an artificial intelligence model, which is claimed to have been developed by experts in trademark law and linguistics. TrademarkNow claims that its trademark management platform matches machine-learning techniques with intuitive design in a manner that results in faster, smarter trademark analysis.

Mikael Kolehmainen – CEO & Co-founder of TrademarkNow said: “TrademarkNow’s mission to provide fast, comprehensive trademark search and watch services requires investment and strategic partnerships with the brightest minds. Coming together with Corsearch will mean that together we can transform the work of trademark professionals by providing instantaneous data in a secure, structured, and easy-to-use way.”

Corsearch said that the acquisition improves its end-to-end platform further, which offers users with an integrated workflow that moves from initial trademark screening to anti-counterfeiting investigations.

Tobias Hartmann – Corsearch CEO said: “We’re living our ‘stronger together’ mantra by merging the best in class and bringing TrademarkNow to Corsearch. Through its innovative use of machine learning, TrademarkNow reduces complexity and enhances user efficiency.

“In combination with Corsearch’s global data sets and holistic approach to managing the trademark lifecycle, this deal brings together the best talent in tech and trademarks.”