IPH Acquires AJ Park for NZ$66.1m

Publicly-listed Intellectual Property firm IPH Limited (IPH) has announced an agreement to acquire AJ Park’s¬†patent attorney business, the benefit of its trade mark and legal businesses, and its associated Australian operations. From official announcement: Established in 1891, AJ Park is the premier New Zealand IP firm employing 205 people and operating from offices in Auckland, Wellington and Sydney. AJ Park is a full service IP firm with a substantial local client base servicing clients ranging from large multinational corporations and universities to start-up companies and entrepreneurs. AJ Park will become the first New Zealand IP firm to join a publicly […]

A Blue Chip Result for ASX-Listed IPH Limited

by Peter Frankl. Australia’s first publicly listed Intellectual Property practice has reported its 2016/17 full year financial results.¬† The financial results are blue chip not so much because of the¬†increase in revenue, which was¬†impressive, but because of the¬†continued level of profitability. Revenue increased substantially by 18% however¬†a¬†major acquisition did not play a role in the previous year’s revenue. In October 2016, IPH announced the acquisition of¬†Ella Cheong (Hong Kong) Limited and its subsidiary Ella Cheong Intellectual Property Agency (Beijing) Company Limited for the equivalent of A$27 million.¬† For the financial year 2016/17, IPH achieved $186 million revenue and EBITDA of […]