On 31 March 2023, the shareholders of Aistemos Limited, a patent classification company and the owner of the Cipher brand (“Cipher”), completed the sale of the entire issued share capital in Aistemos Limited to RELX (UK) Limited, part of LexisNexis Intellectual Property Solutions and the RELX Group. The Cipher platform uses artificial intelligence and supervised machine learning to classify patents in order to help customers uncover insights into complex landscapes of patented technologies to support their strategic IP decisions.
Aistemos Limited was acquired by RELX (UK) Limited pursuant to the terms of a share purchase agreement entered into between each of the shareholders and RELX (UK) Limited. The acquisition means that Cipher has become part of LexisNexis’ flagship IP analytics solution.
Fasken advised Aistemos Limited with a team led by Guy Winter, that included Chloe Gill-Braun, Lucinda Patrick-Patel and Carlie Marrows.
Jurisdiction
- United Kingdom
