O P Solutions, Inc.

O P Solutions, Inc. specializes in providing advanced patent and trademark docketing solutions through its flagship software, PATTSY WAVE, designed to enhance operational efficiency for intellectual property professionals. Founded in 1990 and headquartered in New York, US, O P Solutions, Inc. develops software solutions tailored for intellectual property management.

In June 2020, the company was acquired by Anaqua, Inc. , a portfolio company of Astorg. The CEO is Spencer Paul, who is leading the organization through this transition. PATTSY WAVE is a comprehensive patent and trademark docketing software designed specifically for intellectual property professionals, aiming to enhance operational efficiency, reduce risks, and improve accuracy in managing intellectual property portfolios.

The software automates repetitive tasks and ensures that critical information is easily accessible, thus facilitating a smoother workflow for users. Over 200 law firms and corporations utilize PATTSY WAVE to manage their patent and trademark portfolios effectively, reflecting its strong foothold in the IP management sector. The product has been developed over 30 years, continuously responding to the evolving needs of IP teams. PATTSY WAVE serves a diverse client base across multiple geographical markets, including North America, Europe, and Asia, catering to organizations looking to streamline their intellectual property operations.

Revenue generation for PATTSY WAVE primarily occurs through subscription-based services provided to law firms and corporations that require robust patent and trademark docketing solutions. Clients typically enter into annual subscription agreements that grant them access to the software's features and functionalities, ensuring continuous updates and support. The software's flagship product, PATTSY WAVE, is integral to the operations of its clients, enabling them to manage extensive intellectual property portfolios efficiently. While specific pricing details are not disclosed, the revenue model is structured to facilitate a B2B relationship, ensuring that clients receive tailored services that address their unique operational challenges in intellectual property management.

O P Solutions, Inc. plans to leverage its acquisition by Anaqua, Inc. to explore new product offerings in the IP management space, although specific product launch dates have not been communicated yet. There are intentions to expand further into European and Asian markets by 2023, aiming to enhance their global reach.

The recent acquisition will support these expansion initiatives by providing additional resources and broader market access, following the most recent deal on June 16, 2020.