The IP management to LPO services company CPA Global has acquired First to File, a Silicon Valley-based developer of SaaS document management and collaboration solutions for corporate IP departments and law firm IP practices, including the market leading Electronic File Room system.
Commenting on the deal, CPA Global CEO Peter Sewell said “There is a clear trend within the IP community to move from paper to electronic document storage, driven by technological advances and changing business practices, as well as cost and sustainability considerations. Clients have been increasingly seeking support of paperless IP management, and I’m delighted CPA can now provide this as part of our portfolio of value-added IP management services, with the acquisition of First To File.”
CPA and First To File already have a number of clients using both companies’ products and the acquisition will accelerate product integration. First To File will continue to support third-party IP management and docketing systems.