idea drop logo white
  • Product
  • Open Innovation
  • Customers
  • Reviews
  • Resources
    • Blog
    • Innovation Insights
    • Webinars
    • Help Centre
  • Log in
  • Book Your Demo
Menu
  • Product
  • Open Innovation
  • Customers
  • Reviews
  • Resources
    • Blog
    • Innovation Insights
    • Webinars
    • Help Centre
  • Log in
  • Book Your Demo

Idea Drop signs binding acquisition agreement with UK-based Innovation scale-up Wazoku

  • Idea Drop
  • 20.01.23
  • Idea Drop News
Idea Drop's latest product update

20 01 2023 – Idea Drop has announced the signing of a binding acquisition agreement with UK headquartered global Innovation scale-up Wazoku.

We founded Idea Drop in 2014 to provides an idea management platform to help global innovators to discover, evaluate, refine and execute the most impactful ideas across their organisations. Since then we have worked with many incredible brands including BDO, Ericsson, AAA, BNP Paribas and NEC Group. 

We are excited to be joining forces with Wazoku. We have admired the Wazoku business for some time and are also delighted to continue to showcase and strengthen the UK innovation story. The acquisition sees two prestige brands in the global innovation sector. Idea Drop clients will now get to benefit from the Wazoku Innovation_360 suite of innovation tools. The world has never been in greater need of innovative solutions to the big challenges of our time, and our offering is now one of the most comprehensive and complete solutions available to the global market.

Wazoku has been very active in the market in recent years as a key consolidator as it builds out its Innovation_360 platform. This acquisition is Wazoku’s fourth over the past three years, following US Open Innovation firm InnoCentive in 2020, Colombian open innovation company Channge in 2020 and Danish firm MindPool in 2022. 

“The Idea Drop agreement, along with our 2022 acquisition of MindPool, is all part of our innovation at scale vision and continues our mission to change the world, one idea at a time,” continued Simon Hill, CEO, Wazoku. “There is such a focus now on sustainable business and looking for different ways to solve problems, and Wazoku has created an enormously compelling proposition to help address those. Organisations use our platform to help save lives, make the world a better place and create billions of dollars of value and the addition of Idea Drop will only enhance this.”

Author

Idea Drop

Idea Drop

Latest Articles

Idea Drop's latest product update

Idea Drop signs binding acquisition agreement with UK-based Innovation scale-up Wazoku

Read More »
Idea Drop's latest product update

Latest Product Updates

Read More »
Digital innovations

Digital Innovations to Help Transform Your Company

Read More »
G2 Winter report

Idea Drop Earns High Performer Spot in G2’s Winter Report 2022

Read More »
Innovation Blogs

Our Favourite Innovation Blogs

Read More »
top innovative companies

Top Innovative Companies and What We Can Learn

Read More »

You might also like

Idea Drop's latest product update
Latest Product Updates
February 1, 2022
  • Idea Drop News
Read more
G2 Winter report
Idea Drop Earns High Performer Spot in G2’s Winter Report 2022
December 20, 2021
  • Idea Drop News
Read more
gartner report press release
Idea Drop recognised in the Gartner Market Guide for Innovation Management Tools
December 8, 2021
  • Idea Drop News
Read more

Subscribe to Idea Drop blog

Get the latest posts in your email.

Idea Drop Support

Questions, feedback or advice? Send us a message and our team will get back to you as soon as they can, during our office hours.

Start Chat

Idea Drop

  • Product
  • Full List of Features
  • Customers
  • Implementation
  • PoC
  • Security

Idea Drop for

  • Professional services
  • Public sector

Company

  • Contact Us
  • Careers
  • Privacy Policy
  • Terms of use

Resources

  • Blog
  • Events
  • Webinars
  • Innovation Insights
  • Help Centre
Idea Drop footer logo

© 2021 Idea Drop Ltd

Twitter Youtube Linkedin