Thomson Reuters to Acquire MarkMonitor
(Thomson Reuters ONE) -
Intellectual Property & Science business to provide customers with efficient and
effective end-to-end brand protection solutions that safeguard revenue and
reputations
LONDON, UK, July 26, 2012 -The Intellectual Property & Science business of
Thomson Reuters, the world's leading source of intelligent information for
businesses and professionals, today announced it has signed a definitive
agreement to purchase MarkMonitor(®), a global leader in online brand
protection. The completion of the acquisition is subject to standard regulatory
approvals. The terms of the transaction were not disclosed.
The acquisition of MarkMonitor, headquartered in San Francisco, will strengthen
the broad portfolio of intellectual property solutions from Thomson Reuters. The
addition of MarkMonitor, with its innovative online brand protection technology,
to Thomson Reuters best-in-class intellectual property solutions, will result in
a suite of efficient and effective end-to-end brand protection solutions to
assist customers in securing revenue and reputation. With over 400 employees in
five countries, MarkMonitor is a market leader in online brand protection and
currently safeguards more than half of the Fortune 100 brands.
"This acquisition marks the beginning of a transformational shift within the
Intellectual Property & Science business of Thomson Reuters," said Chris
Kibarian, president, IP & Science, Thomson Reuters. "It is emblematic of our
strategy to accelerate innovation and growth within our business."
"Thomson Reuters already helps thousands of companies create, manage and protect
hundreds of billions of dollars worth of intellectual property assets," said
David Brown, president, Intellectual Property Solutions, Thomson Reuters. "With
the addition of online brand protection solutions like those provided by
MarkMonitor, we'll be able to deliver advanced technologies to keep customers
one step ahead of brandjackers and reduce the enormous risk posed to brands
online."
The MarkMonitor team, led by President and Chief Executive Officer Irfan Salim,
will join Thomson Reuters.
"With the continued explosive growth of Internet, ecommerce and social network
usage, the digital world provides an anonymous haven for criminals who harm
brands' revenue and reputation, often at the expense of consumers," said Salim.
"Brands that take action to protect themselves by managing their domain name
portfolios see real return on investment, including lower online advertising
costs and higher revenue, along with greater customer satisfaction. Together,
MarkMonitor and Thomson Reuters will provide best-in-class solutions for online
brand protection."
MarkMonitor
As a global leader in online brand protection, MarkMonitor uses a SaaS delivery
model to provide advanced technology and expertise that protects the revenues
and reputations of the world's leading brands. In the digital world, brands face
new risks due to the web's anonymity, global reach and shifting consumption
patterns for digital content, goods and services. Customers choose MarkMonitor
for its unique combination of industry-leading expertise, advanced technology
and extensive industry relationships to preserve their marketing investments,
revenues and customer trust. Learn more at www.markmonitor.com.
Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for
businesses and professionals. We combine industry expertise with innovative
technology to deliver critical information to leading decision makers in the
financial and risk, legal, tax and accounting, intellectual property and science
and media markets, powered by the world's most trusted news organization. With
headquarters in New York and major operations in London and Eagan, Minnesota,
Thomson Reuters employs approximately 60,000 people and operates in over 100
countries. For more information, go to www.thomsonreuters.com.
CONTACT
Laura Gaze
Thomson Reuters
+1 203 868 3340 (o)
+1 203 535 6283 (m)
laura.gaze(at)thomsonreuters.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thomson Reuters Corporation via Thomson Reuters ONE
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