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