Sopheon has been acquired by Wellspring Worldwide
The shareholders of Sophean plc. have sold the company to Wellspring Worldwide.
Sopheon is a global enterprise software and services company focused on delivering InnovationOps. It has offices in Denver and Minneapolis in the US. The company also has operating units in the UK, Netherlands, Germany and Australia.
Founded in 2003, Wellspring provides open innovation software to identify, evaluate and share knowledge assets. Its solutions are used by over 500 organizations every day for tech scouting, corporate venturing, licensing and intellectual property management. Wellspring’s clients include Fortune 500 companies, SMEs, hospitals, government agencies and universities.
Oaklins Cavendish, based in the UK, acted as sell-side advisor in this transaction.
Talk to the deal team
Related deals
Niscon Inc. has been acquired by SGPS ShowRig
Niscon Inc. has been successfully acquired by SGPS ShowRig, a global provider of staging, rigging and automation for live entertainment. The acquisition reinforces SGPS Showrig’s commitment to pushing the boundaries of innovation in the entertainment industry. By adding Niscon’s unique motion-control technology to its portfolio, SGPS Showrig strengthens its ability to deliver cutting-edge, precision-driven solutions.
Learn moreElectro Optic Systems has acquired the UK interceptor business of MARSS
Electro Optic Systems Holdings Limited (ASX: EOS) has acquired the UK-based interceptor unmanned aerial system business of MARSS Group for US$6.4 million (€5.5 million). The interceptor is a reusable electric drone effector guided by imaging sensors and AI, which EOS will integrate into its counter-drone portfolio for defense and critical infrastructure customers. EOS plans further investment to complete development.
Learn moreFairfest Media has acquired WTE Miami
Fairfest Media, organizer of OTM, the leading travel show in Asia, has acquired WTE Miami, the fastest-growing travel trade show in the USA. The acquisition marks a significant milestone in Fairfest’s global expansion, strengthening its presence in the Americas and beyond by leveraging decades of experience and leadership in Asia and India.
Learn more