June 2018 was the most successful month for the Germany based InTraCoM Group: 2 new awards were given to the patent valuation specialist in Germany.
The international CorporateLiveWire Magazine awarded InTraCoM already the second time in a row as the “Patent Valuation Company of The Year 2018”.
With the award the strong engagement of the company in the banking sector has been recognized: Patents are used as an instrument within financing of companies using them as collateral. In this way especially small and innovative companies with promising patents can get their patents rated by InTraCoM in order to enhance their access to finance and their financing conditions.
CEO Dr. Dierk-Oliver Kiehne presents in this context at the international “2018 Global IP Finance Conference” in Korea patent valuation approaches that are used.
His colleague and cofounder Prof. Andreas Zagos introduces patents as asset class and asset instrument at the “AI, Machine Learning and Sentiment Analysis Applied to Finance”-Conference in London.
Of cause patents play an important role within Mergers and Acquisitions (M&A), also: aside the value allocation within a transaction for the buyer, for the seller patents can be an important price driver. Thus after the independent value determination done by InTraCoM Group within company transactions, prices could be increased significantly.
For the international AI Magazine (Acquisition International) this was the main reason the honor InTraCoM Group with the “Global Excellence Award” as being the “Most Innovative Intellectual Property Solutions Firm 2018”. Patent portfolio valuations could be done using the indicator based market analogy approach that is based on full automated as well as manually added indicators in a very competitive time and cost effort. Thereby the procedure considers in total up to 92 different value indicators. On the cost side, the valuation represented only a fraction of the additional amount raised in the sale. For buyer and seller this was a mutual beneficial win-win: The seller was able to assign a fair value to his patent portfolio that ended in a higher selling price, the buyer himself received a confirmation about the total value of the patent portfolio he acquired and was also able to balance the value in the books.
With the new awards InTraCoM received 4 awards within 2 years by now – this is unique in the industry they are in.
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