Authentix(R) Completes Acquisition of Strategic IP Information Pte Ltd (SIPI) Expanding its Growth in Digital Brand Protection

Authentix, Inc.

PR90649

 

ADDISON, Texas, July 15, 2021 /PRNewswire=KYODO JBN/ --

 

Authentix, the authority in authentication and information services, announced

that it has acquired Asia's leading online brand and content rights protection

provider, Strategic IP Information Pte Ltd (SIPI).

 

Logo - https://mma.prnewswire.com/media/429526/Authentix_Logo.jpg

 

For over ten years, SIPI has offered state-of-the-art services for brands to

track unauthorized channels for counterfeit products and manufacturers through

its proprietary online tools and array of services including physical

enforcement and taking down pirated listings. Using a team of dedicated

analysts and sophisticated platform technology, SIPI is able to promptly detect

infringement data and counterfeiting activity for rapid action and

consolidated, insightful reports for its growing brand owner customer base.

SIPI presently serves over 200 global brands and is partnered with numerous

major global law firms along with its own teams in New Delhi, Shenzhen, Paris,

New York, and Geneva.

 

"This strategic acquisition expands our portfolio of digital security

technologies to include online anti-counterfeiting and content rights solutions

and increases the scope of offerings for our brand protection clients," stated

Kevin McKenna, CEO of Authentix, adding "a key element of our growth plan

includes the integration of both online investigation and copyright protection

services and SIPI is a high-quality organization that fits perfectly with

Authentix capabilities and strategic direction."

 

SIPI's founder and Chairman, Bharat Dube (former Head of Anti-counterfeiting

for the Richemont Group) said, "We are extremely proud to be joining forces

with the highly talented and experienced team at Authentix.  The cutting-edge

track and trace solutions provided by Authentix, in combination with the online

and offline enforcement solutions we have developed, should offer highly secure

protection to the world's leading brands."

 

SIPI's CEO, Bharat Kapoor added, "With the support and backing of Authentix, we

are confident of becoming the world's leading service provider of online brand

protection."

 

SIPI will remain a stand-alone operating entity retaining its respective

brands, with a plan to integrate within the Authentix group of companies and

further grow its collective set of strategic offerings and leverage the larger

Authentix sales platform in the market.

 

About SIPI:

Headquartered in Singapore, SIPI provides fully managed online brand protection

and content rights monitoring and enforcement services for Fortune 500

companies in the luxury goods, fashion, cosmetics, pharmaceutical, spirits,

manufacturing, automotive and media industries. SIPI operates Veri-Site, the

global leader in providing risk-relevant intelligence regarding rogue websites,

intellectual property theft, cybercrime, web-enabled transnational organized

crime, and sanctioned entities operating online. SIPI's O2O

('online-to-offline') division focuses on investigations and offline

enforcement in China, India, and several other Asian countries.

 

About Authentix:

As the authority in authentication solutions, Authentix thrives in supply chain

complexity. Authentix provides advanced authentication solutions for

governments, central banks, and commercial products, ensuring local economies

grow, banknote security remains intact, and commercial products have robust

market opportunities. The Authentix partnership approach and proven sector

expertise inspires proactive innovation, helping customers mitigate risks to

promote revenue growth and gain competitive advantage.  Headquartered in

Addison, Texas USA, Authentix, Inc. has offices in the North America, Europe,

Middle East, and Africa serving clients worldwide. For more information, visit

https://www.authentix.com. Authentix(R) is a registered trademark of Authentix,

Inc.

 

SOURCE Authentix, Inc.

 

CONTACT: Kent Mansfield, Chief Sales and Marketing Officer,

kent.mansfield@authentix.com

 

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