Teqball
is the brainchild of Hungarian natives, Gabor Borsanyi, Gyuri Gattyan, and
Viktor Huszar. The simple idea of playing football on ping pong tables became a
multimillion-dollar business, thanks to their IP awareness. The success story of Teqball highlights the
importance of IP strategies and also the role IP rights will play in upcoming
sports. This article throws light on how the inventors of the sport gained a
commendable market position through diligent recognition and enforcement of
their IP rights.
“Our IP is our
most valuable asset and protecting it gives us the freedom to build new
business relationships without fear of compromising our assets”
-Gergely Mauranyi, Head of CSR & Diplomatic
Relations at Teqball
The idea of Teqball was conceived in the early
2000s by a Hungarian native, Gabor Borsanyi. Along the shores of Lake Balaton,
playing football on a concrete ping-pong board, a young Borsanyi started to
think about making the game more enjoyable and safe. While passing a football
across a table tennis table, he realized that he could create a fun and
interesting game by adding a simple curve to the table. He teamed up with his
neighbor and close friend, Viktor Huszar who aided the creative force of Gabor
with technical innovations. As a result of their teamwork, a new sport came to
life. Ten years down the line, Teqball, as it is known today, is gaining immense
popularity all over the world and especially among football enthusiasts. In
addition to being a recreational game in itself, Teqball also serves as a training
method for football players to develop their technical skills and concentration.
Gabor and his associates have formed a company also named Teqball which holds
the exclusive rights to develop and bring innovation in the sports. The company
is based out of Budapest and has been going strong and creating value for more
than 6 years.
The game is a simple but exciting concoction of
Table Tennis and Football. The one playing the game has to master the speed of
playing Table Tennis with the skills of playing football. The table used in
Teqball is around the same size as that in Table Tennis but with a curved surface
and a solid net resilient enough to be able to bounce a football back. Although
Teqball has seen a major rise in popularity, there are other games too that the
Teqball table can facilitate; Teqtennis, Teqis, Teqvoly, and Tecqdodge to name
a few. With the uniquely designed curved table of Teqball, the possibilities
are endless.
Unlike any sport in the world, Teqball is heavily
studded with IP protection. The design of the Teqball table is patent protected
(see US Patent USD823965S1 & European Patent EP2919870A1) and cannot be
manufactured by anyone wthout a license from the Company. Even the name “TEQBALL”
is trademark protected in addition to several other associated trademarks (see https://www.trademarkia.com/ctm/ctm-company-teqball-holding-sarl-698491-page-1-2).
The heart and soul of Teqball, its development, marketing, and expansion is in
its Intellectual Property assets. The IP rights they have acquired are central
to their business’s future. The Company aims to create a worldwide network of
production and distribution of its equipments by way of licensing. According to
the makers of the game, the reason for their success was the fact that they
understood the importance of protecting their IP at a very early stage. As the
idea of playing football on a curved tabletop was a fairly simple one, they
feared that anyone could have copied it. Since its inception, the Company has
made all potential partners sign NDAs. They have also taken strict measures to
protect the design of different equipments and trademarked all possible
variations of the game like “TEQPONG”, “TEQVOLY”, “FITEQ”, “TEQSPORTS”,
“TEQIS”, etc. The Company has taken full advantage of the PCT System, Hague
System, and the Madrid System for cost-effective filing and registration of
patents, designs, and trademarks and has sought IP protection in more than 50
countries. By early 2020 Teqball had already found manufacturing and
distribution partners in Latin America and Asia. IP rights have played the most
significant role in enabling the Company to promote the sport.
Teqball has roped in big names in football like
Ronaldinho, Diego Maradona, Lionel Messi, Steven Gerrard, Wayne Rooney, Neymar
Jr., John Terry, and many others to be the ambassadors of the game, naming them
“Teqers”. Teqball also has a governing body, FITEQ (International Federation of
Teqball). By 2019, FITEQ was already recognized by the Olympic Committee of
Asia and the Association of National Olympic Committees of Africa. In November
2020, the Global Association of International Sports Federation (GAISF) granted
full membership to FITEQ. FITEQ now aims at becoming an Olympic sport. FITEQ organizes
official tournaments including a world championship, the latest of which was
held in 2019. It also publishes regular world rankings of its host of players
from different corners of the world.
It is truly fascinating to see how Teqball has
emerged as a sport at a world stage in such a short period of time. From a
commercial point of view, it has been a huge success story. Teqball boasts of
lucrative sponsorship agreements with giants like BMW, Hublot, Adidas,
Coca-Cola, and Gatorade. It has teamed up with national football federations of
countries including Germany, Brazil, Hungary, Belgium, Croatia, Azerbaijan, and
Wales. It has also teamed up with major football clubs like Arsenal FC, Chelsea
FC, Real Madrid CF, FC Barcelona, Manchester United FC, AC Milan, only to name
a few. With its business reaching new heights, the Company now looks forward to
creating more value through mediums other than innovation in the sport or
marketing its equipments. It has now ventured on several CSR campaigns. In the exact
words of its Head of CSR, Teqball has now become more than a profit-making
business proposition.
The journey of Teqball from a pastime game played
on the beaches of Lake Balaton to a full-fledged sport with international recognition
is truly remarkable and a one-of-a-kind story. It goes to show how an effective
IP strategy can do wonders to even a simple idea.
REFERENCES:
1.
https://www.teqball.com/
2.
https://www.fiteq.org/
3.With Teqball the World is Curved, WIPO
Magazine, Available at
https://www.wipo.int/wipo_magazine/en/2019/04/article_0005.html
4.
Case Study on Best Practice in
External Marketing Communication: Case on Teqball, Marciee, Available at
https://www.uni-kassel.de/fb07/uploads/media/Hungary_3_Teqball.pdf
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