Innova琀椀on Momentum 2024: The Global Top 100 Another similar company in the Top 100 is Splunk, whose expertise in managing and extracting value from vast data troves offers a compelling competitive edge. In today’s data-driven world, their ability to capture, index and analyze large datasets is crucial. With a portfolio of patents that they have been consistently building both in size and quality, as seen by their bubble trajectory, the acquisition move by Cisco underscores the strategic importance of data management capabilities and the strength of Splunk’s portfolio. This also signals a trend where traditional hardware and networking giants are keen to integrate advanced analytics into their offerings to stay relevant and drive innovation. Juniper Networks, a key competitor of Cisco is another significant player in the IT space with advancements in networking solutions, marked by its expanding and high-quality patent portfolio. Hewlett Packard Enterprise (HPE) has recognized its consistent focus on AI–driven innovation. It sees value in integrating Juniper Networks’ robust solutions into its offerings to enhance its competitive stance in the market. In early January this year, HPE announced its planned acquisition of Juniper Networks in an all-cash transaction. Each of these companies showcases how intellectual property development is not just a measure of innovation but a strategic asset that can turn them into a high-value acquisition target. For strategic decision makers at leading large companies, start-ups that own smallyet strong IP portfolios signal robust health and success, not only of their innovation teams but also of their overall business potential. In the landscape of M&A, such small yet highly innovative companies offer a combination of agility, advanced technology and market potential that is increasingly appealing to larger entities aiming to consolidate their market positions. “We have always believed that our growing portfolio stacks up against the best in terms of quality, especially compared to our peers working in the same areas of 5G, Wi-Fi, and media compression. We are thrilled to see this confirmed by the LexisNexis 2024 Innovation Momentum Report.” Esmael Dinan Founder and CTO Ofinno LLeexisxisNNeexisxisIPIP.c.comom 1818