Add value, not hours, conducting patent due diligence.
Why Due Diligence Matters
Due diligence is required in every transaction where patents play a role, across the full range of M&A transactions, joint ventures, licenses and collaborations, patent acquisition and divestment activities and even Inbound Patent Assertion.
With LexisNexis Cipher, you have a fast and effective way to complete a timely and thorough diligence.
The impact of machine learning for legal professionals
We are at a point where budgets do not extend to manual review of thousands of patents. The legal sector is now embracing the potential of what machine learning and analytics can deliver..
Have you ever asked these questions?
How can I improve the efficiency of how I carry out due diligence?
LexisNexis Cipher has been optimized for due diligence. Its best-in-class corporate grouping makes for fast and effective identification of any patent-owning organisation anywhere in the world. There are no export limits to the number of companies, the size of their portfolios or on the quantity of data you need.
What’s the best way to understand a patent portfolio in context?
A downside of conventional due diligence is that you are limited to the company or assets in front of you. Using our technology you can automatically compare your target patents to any organization you select or to an algorithmically computed set of similar organizations.
Can I influence the M&A process earlier on?
Adding value to the initial stages of the M&A screening process would benefit all organisations, rather than the IP team being brought in when the deal is done. Our tool allows you to quickly screen organizations and conduct due diligence on their patent portfolios. With Cipher classification you can find organisations that the M&A team are not even considering.
A smooth and straightforward process
Our issue was how to fit other companies’ portfolios into that same framework that we use and there’s just no other tool other than Cipher that can do that.
Efficient due diligence process
1. Focus on the target
Establish a consensus internally around the potential for patent licensing and/or sale.
2. Cluster and compare
Focus on a specific company or consider any other patent-owning organisation.
3. Review the litigation risk
Automatically map patents to technologies through your technology lens with your own custom taxonomy.
4. Actionable intelligence
Make a decision using the intelligence to benchmark or optimise your portfolio.