Wellspring is a leader in software solutions for tech scouting, corporate venturing, licensing, and intellectual property management. More than 500 organizations worldwide, ranging in size from 100 to more than 100,000 employees, use Wellspring software to accelerate their innovation programs. Wellsprings clients include Fortune 500 companies, SMEs, hospitals, government agencies, and universities. Flintbox, based in Vancouver, is a spin-out of the University of British Columbia and represents a strategic addition to Wellspring's existing online software product business. The acquisition will extend Wellspring's Technology Gateway product, to encompass over 160 universities, government labs, and companies able to post, exchange, license, and purchase technologies online.



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