Acquisition of Thomson Reuters Intellectual Property and Science Business by Onex and Baring Asia completed

The previously announced sale of the Thomson Reuters Intellectual Property & Science business to Onex Corporation and Baring Private Equity Asia was completed today. The company’s many well‐known brands include Web of Science™, Cortellis™, Thomson Innovation™, Derwent World Patents Index™, Thomson CompuMark™, MarkMonitor®, Thomson IP Manager™and Techstreet™, among others. The newly independent company will be known as Clarivate Analytics, a name that speaks to accelerating the pace of innovation with the trusted insights and analytics it provides to customers. Clarivate Analytics enables users around the world to discover, protect and commercialize their ideas, faster. “We’re excited to move forward as an expert, objective and agile source of authoritative knowledge,” said Vin Caraher, Clarivate Analytics CEO. “Our solutions sit at the center of almost every major university, government and business, supporting those working within the lifecycle of innovation who strive to make a difference. As a market leader, we look forward to building on our strong foundation as an independent company.” The new business continues to focus on scientific and academic research, patent analytics and regulatory standards, trademark protection, pharmaceutical and biotech intelligence, domain brand protection and IP management. “As we grow, we’re committed to using superior technology that enables expert solutions to ...
Source: News from STM - Category: Databases & Libraries Authors: Tags: Featured World Source Type: news