NEW YORK, Aug. 6, 2015 /PRNewswire/ -- Stroz Friedberg, a global cybersecurity, digital forensics, investigations and risk management company, announced today it has acquired Boston-based Elysium Digital, a leader in IP litigation consulting, digital forensics, and expert testimony.
Founded in 1997, Elysium Digital has worked with law firms, in-house counsel, and government agencies nationally. The firm has provided a broad range of services, including expert testimony, IP litigation consulting, eDiscovery, digital forensics investigations, and security and privacy investigations. Elysium played a role in the key technology/legal issues of its time and established itself as a premier firm providing advice and quality technical analysis in high-stakes legal matters. The firm specialized in deciphering complex technology and effectively communicating findings to clients, witnesses, judges, and juries.
"The people of Elysium Digital possess highly sought after technical skills that have allowed them to tackle some of the most complex IP matters in recent history. Bringing this expertise into Stroz Friedberg will allow us to more fully address the needs of our clients around the world, not just in IP litigation and digital forensics, but across our cyber practices as well," said Michael Patsalos-Fox, CEO of Stroz Friedberg.
Elysium Digital's employees will join Stroz Friedberg's Boston office, increasing headcount to over 50 and making Boston Stroz Friedberg's third largest office in the world, after New York and London. The acquisition will strengthen Stroz Friedberg's renowned digital forensics and litigation consulting capabilities for cases involving intellectual property, including patent, copyright, and trade secret matters. Elysium will also contribute new talent to Stroz Friedberg's market leading eDiscovery practice and its data security and privacy consulting team.
Elysium Digital's co-founders Christian Hicks and Peter Creath will continue to play a critical role in the growth of the combined business.
"Joining forces with Stroz Friedberg gives our clients access to a broader base of experience and global reach," said Christian Hicks, co-founder and President, Elysium Digital. "This is a great strategic fit. We will be better in every facet of our business, and will be able to launch innovative new services that our clients have told us they need."
"Elysium has a talented group of technical consultants and testifying experts who will supplement our cross-disciplinary teams," said James Aquilina, Executive Managing Director and global head of Stroz Friedberg's Digital Forensics practice. "We are particularly excited about the expertise they will add to our firm's intellectual bench."
Stroz Friedberg Launches SIPPS, Strategic IP Protection Service
Many businesses are highly dependent on the development and monetization of intellectual property – gaming, TV, motion pictures, pharma, biotech, insurance, and industrial products companies, to name a few. All too often, insufficient attention is given to identifying and protecting intellectual property until enforcement action is needed. But trying to determine if stolen IP qualifies as a trade secret under the law while seeking relief in the courts wastes precious time that could be used to stop a theft in progress.
In response to this challenge, Stroz Friedberg today announced the launch of a comprehensive IP identification, protection, and enforcement service, SIPPS (Strategic Intellectual Property Protection Service). Drawing on the experience and skills of Stroz Friedberg and Elysium Digital, SIPPS helps companies throughout the IP lifecycle by identifying trade secrets at the time of conception, ensuring the most effective and appropriate protections and controls are in place at every stage, and maximizing the company's ability to respond rapidly and effectively when IP is misappropriated or otherwise infringed.
"The most effective way to safeguard a company's ability to fully monetize its intellectual property is to be thinking about protection and enforcement from the moment an idea is generated until it is replaced with the next great thing. With SIPPS, companies will benefit from an integrated, lifecycle-based approach to IP protection delivered by an industry-leading team that has been on the front lines for almost 20 years," commented Aquilina.
To learn more about SIPPS, visit www.strozfriedberg.com/SIPPS.
Stroz Friedberg, LLC
Founded in 2000, Stroz Friedberg is a global leader in cybersecurity, investigations, and risk management services. Working at the intersection of technology, leadership, regulation, governance and behavioral science, the company is driven by a core purpose—seeking truth so clients can find the assurance and answers they need. With twelve offices across nine U.S. cities, London, Zurich and Hong Kong, Stroz Friedberg serves Fortune 100 companies, 80% of the AmLaw 100, and the Top 20 UK law firms. Learn more at www.strozfriedberg.com.
Elysium Digital, LLC
Elysium Digital was founded in 1997 and provides an array of world-class services—including expert testimony, IP litigation consulting, eDiscovery, digital forensics and security and privacy consulting—to help in-house counsel, law firms, and government agencies succeed in technology-related legal proceedings. The firm has worked on over 1,000 distinct patent, copyright, trade secret, forensics, and eDiscovery cases, providing advice and quality technical analysis in high-stakes litigation matters. Elysium Digital's experts and consultants specialize in deciphering complex technology and effectively communicating their findings to clients, witnesses, judges, and juries.
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SOURCE Stroz Friedberg