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
IPC3 investigated 1,400 suspects in 2017
13 December 2017 | The Hague | Reporter: Barney Dixon
Europol investigated nearly 1,400 suspects and was involved in 36 major intellectual property crime cases in 2017 as part of its Intellectual Property Crime Coordinated Coalition
China to bolster IP rights protection mechanisms
27 November 2017 | Beijing | Reporter: Barney Dixon
China will ramp up its intellectual property rights protection mechanisms to promote economic development, according to the country’s premier Li Keqiang
Alibaba and CBBC extend partnership
22 November 2017 | Hangzhou | Reporter: Barney Dixon
Alibaba has signed an agreement with the China-Britain Business Council that will enhance intellectual property rights protections for UK-based entities
ICE and industry team up to fight IP crime
21 November 2017 | Washington DC | Reporter: Jenna Lomax
US Immigration and Customs Enforcement has teamed up with Intellectual Property Enforcement Coordinator industry representatives and other US government enforcers to counter IP crimes
Alibaba in ITC spotlight
20 November 2017 | Washington DC | Reporter: Barney Dixon
Alibaba will be investigated by the US International Trade Commission over the importation and sale of insulated beverage containers, their labels, and packaging materials
Illicit streaming devices entering the UK fail to meet national electrical safety regulations, according to findings from FACT and Electrical Safety First
Mewburn Ellis opens Munich office
16 November 2017 | Munich | Reporter: Barney Dixon
Intellectual property boutique Mewburn Ellis has opened a new office in Munich, its first expansion outside of the UK