SIPI Acquires VeriSite Global To Strengthen Anti-Counterfeiting Capabilities

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SIPI has acquired VeriSite Global, a US-based technology company providing risk-relevant intelligence regarding high-risk rogue websites, cybercrime, and sanctioned entities operating online.

Strategic IP Information Pte Ltd (SIPI) announced today that it has acquired VeriSite Global, a US-based technology company providing risk-relevant intelligence regarding high-risk rogue websites, cybercrime, and sanctioned entities operating online.

VeriSite will continue to serve leading players in the advertising, payment processing and financial services industry with the world’s only database of illicit activities online, while strengthening SIPI’s intelligence and brand protection capabilities for their clients.

Mr Bharat Dube (CEO of SIPI) said: “Our acquisition of VeriSite complements our overall brand protection offerings - since we now have deeper insight into the financial activities of cyber-criminals and rogue entities. This investment also represents an important strategic opportunity for us to work with players in financial services, payment processing, regulators and other gatekeepers to overcome a wide-range of criminal activities together -- from counterfeit goods to fake pharmaceuticals and child pornography.”

About SIPI:
Founded in 2008, SIPI (http://www.sipi-ip.com) provides fully-managed Brand Protection and Intellectual Property Enforcement services for Fortune 100 companies in the fashion, cosmetics, pharmaceutical, spirits, manufacturing, automotive and media industry. SIPI’s products and services include, marketplace, social media, AdWord, domain name monitoring, rogue website and mobile app store surveillance.

SIPI also operates VeriSite, 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. This database solution is used by leading enablers of the e-commerce business, such as payment processors, advertisers, internet service providers, broadcasters, banks & financial institutions, to get a complete overview of their customers’ profiles and activities.

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Bharat Kapoor
SIPI
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since: 01/2013
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