Anaqua, an IP management company, has bought Practice Insight and its intelligent software WiseTime, from IPH Limited.

In leveraging Practice Insight’s technology, Anaqua continues its investment in IP practice management services.

“This acquisition underscores our steadfast commitment to meeting the evolving needs of the law firm market,” said Bob Romeo, CEO of Anaqua. “We have listened very carefully to practitioner feedback across the globe, and it is clear that law firms are seeking IP management solutions that offer advanced reporting and analytics, integrated document management, secure cloud hosting, collaborative client portals, intuitive user experience – and integrated time and billing. With the acquisition of Practice Insight, we will now have all of these features fully integrated into both AQX Law Firm and PATTSY WAVE.”