New York
04 October 2016
Reporter: Barney Dixon
Thomson Reuters completes sale of IP & Science
Thomson Reuters has completed the sale of its Intellectual Property & Science business to Onex and Baring Private Equity Asia for $3.55 billion.

The sale, which was announced on 3 October, includes Thomson Reuters’s well-known brands Web of Science, Cortellis, Thomson Innovation, Derwent Patents Index, Thomson CompuMark, MarkMonitor, Thomson IP Manager and Tech Street, among others.

The new company will be rebranded as Clarivate Analytics, a name that it described as speaking to “accelerating the pace of innovation with the trusted insights and analytics it provides to customers”.

Clarivate Analytics will focus on scientific and academic research, patent analytics and regulatory standards, trademark protection, pharmaceutical and biotech intelligence, domain brand protection, and IP management.

Vin Caraher, CEO of Clarivate, said: “We’re excited to move forward as an expert, objective and agile source of authoritative knowledge.”

“Our solutions sit at the end of almost every major university, government and business, supporting those working within the lifecycle of innovation who strive to make a difference.”

When the sale was announced earlier this year, president and CEO of Thomson Reuters, James Smith, said that the divestiture of Intellectual Property & Science will allow Thomson Reuters to focus on “operating at the intersection of global commerce and regulation”.

More Industry news
The latest news from IPPro The Internet
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Google hit with €2.42 billion EU antitrust fine
27 June 2017 | Brussels | Reporter: Barney Dixon
The European Commission ruled the company had abused its power by giving an advantage to its own products and services in Google search results
Matal named acting head of USPTO
08 June 2017 | Washington DC | Reporter: Barney Dixon
Associate solicitor Joseph Matal has been named as acting under secretary of commerce for intellectual property and director of the USPTO
Copycats plague publishers
22 May 2017 | Barcelona | Reporter: Barney Dixon
Copycat publications remain an extremely damaging problem, News Corp’s Jeffrey Parnass said at the 2017 INTA Annual Meeting in Barcelona
Tinder opposes Shinder’s trademark application
17 May 2017 | London | Reporter: Barney Dixon
Tinder has objected to a trademark filing from one-man dating platform Shinder
China could establish appellate IP court
15 May 2017 | Chengdu | Reporter: Barney Dixon
The court would be modelled on the US Court of Appeals for the Federal Circuit and cover mainly technology-related issues
Bird & Bird nests with Incopro
10 May 2017 | London | Reporter: Barney Dixon
The law firm will use the Incopro’s Talisman technology as part of its solutions suite
UK IP Unjustified Threats Bill receives royal assent
04 May 2017 | London | Reporter: Barney Dixon
The bill will provide protection for legal advisors and IP owners who face damages for “unjustified threats”