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.
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