Menu
  • ABOUT
    • GUIDING PRICIPLES
    • WRITTEN WORKS
    • JOIN OUR TEAM
  • ATTORNEYS
  • PRACTICE AREAS
    • PATENTS
    • COPYRIGHTS
    • TRADEMARKS
    • DUE DILIGENCE & LICENSING
    • INTELLECTUAL PROPERTY & COMMERCIAL LITIGATION
  • BLOG
  • CONTACT
coats+bennett-logo
800-575-1278 | EMAIL
  • ABOUT
    • GUIDING PRICIPLES
    • WRITTEN WORKS
    • JOIN OUR TEAM
  • ATTORNEYS
  • PRACTICE AREAS
    • PATENTS
    • COPYRIGHTS
    • TRADEMARKS
    • DUE DILIGENCE & LICENSING
    • INTELLECTUAL PROPERTY & COMMERCIAL LITIGATION
  • BLOG
  • CONTACT
Menu
  • ABOUT
    • GUIDING PRICIPLES
    • WRITTEN WORKS
    • JOIN OUR TEAM
  • ATTORNEYS
  • PRACTICE AREAS
    • PATENTS
    • COPYRIGHTS
    • TRADEMARKS
    • DUE DILIGENCE & LICENSING
    • INTELLECTUAL PROPERTY & COMMERCIAL LITIGATION
  • BLOG
  • CONTACT
coats+bennett-logo
SERVING CLIENTS WORLDWIDE
800-575-1278 | EMAIL

BLOG CATEGORIES

  • Copyrights
  • Firm News
  • Intellectual Property
  • Intellectual Property Litigation
  • Non-Disclosure Agreements
  • Patent Law
  • Podcast
  • Trade Dress
  • Trade Secrets
  • Trademarks

The importance of due diligence in IP acquisition

COATS & BENNETT, PLLC

Are you in the process of acquiring a business? Or perhaps your company is interested in buying a product from a third-party seller. Either of these scenarios requires careful consideration of the seller’s intellectual property (IP).

This is where due diligence comes in. For IP acquisition, due diligence refers to reviewing the IP assets of the target business, which can include any trademarked, copyrighted, or patented piece of information, product, or tool. By examining these items, you can understand the strength and scope of the target IP and how it will affect your business.

IP due diligence can allow you to determine issues such as:

  • The projected revenues and expenses related to the IP
  • The current IP status such as whether a patent is up-to-date
  • Any infringement claims against the target business’ IP
  • Any products that are missing IP protection such as copyrights or patents
  • Whether the owner of the IP has the right to sell or transfer ownership

Conducting an IP due diligence review provides you with clarity, assurance and understanding of the target company and all their assets.

It’s ideal to review IP assets early in the acquisition phase as the discovery of specific IP issues can cause a deal to fall through. For example, if the target IP is involved with multiple infringement claims that have yet to be resolved, it can cause added trouble for your business. Even when an IP issue is not serious or extensive, it can create annoyances and obstacles that influence terms, timing and price.

Any business acquisition has the potential to affect both parties involved significantly; IP acquisition is no different. As such, business owners would be wise to make IP due diligence a priority during the business transaction so you can feel confident when moving forward with your plans.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

We Want To Hear From You

Please fill out the form below if you would like to contact us. If you are requesting CLE credit, please include your state, bar number, and any event code required to certify your attendance.
FIELDS MARKED WITH AN * ARE REQUIRED

DISCLAIMERDISCLAIMER: THE USE OF THE INTERNET OR THIS FORM FOR COMMUNICATION WITH THE FIRM OR ANY INDIVIDUAL MEMBER OF THE FIRM DOES NOT ESTABLISH AN ATTORNEY-CLIENT RELATIONSHIP. CONFIDENTIAL OR TIME-SENSITIVE INFORMATION SHOULD NOT BE SENT THROUGH THIS FORM.
| PRIVACY POLICY

Address

1400 Crescent Green
Suite 300
Cary, North Carolina 27518

MAP & DIRECTIONS

Phone

800-575-1278

Social Networks

Facebook
LinkedIn
Twitter

REVIEW US

Address

1400 Crescent Green
Suite 300
Cary, North Carolina 27518

MAP & DIRECTIONS

Phone

800-575-1278

Social Networks

Facebook
LinkedIn
Twitter

REVIEW US
© 2020 COATS & BENNETT, PLLC. ALL RIGHTS RESERVED.
DISCLAIMER | SITE MAP | PRIVACY POLICY