Clarivate Plc is a British-American

publicly traded A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...

analytics Analytics is the systematic computational analysis of data or statistics. It is used for the discovery, interpretation, and communication of meaningful patterns in data, which also falls under and directly relates to the umbrella term, data sc ...

company that operates a collection of subscription-based services, in the areas of

bibliometrics Bibliometrics is the application of statistical methods to the study of bibliographic data, especially in scientific and library and information science contexts, and is closely associated with scientometrics (the analysis of scientific metri ...

and

scientometrics Scientometrics is a subfield of informetrics that studies quantitative aspects of scholarly literature. Major research issues include the measurement of the impact of research papers and academic journals, the understanding of scientific citati ...

;

business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for ...

and

market intelligence Market intelligence (MI) is gathering and analyzing information relevant to a company's market - trends, competitor and customer (existing, lost and targeted) monitoring. It is a subtype of competitive intelligence (CI), which is data and inf ...

, and competitive profiling for pharmacy and

biotech Biotechnology is a multidisciplinary field that involves the integration of natural sciences and engineering sciences in order to achieve the application of organisms and parts thereof for products and services. Specialists in the field are kn ...

patents A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an sufficiency of disclosure, enabling discl ...

, and

regulatory compliance In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Compliance has traditionally been explained by reference to deterrence theory, according to which punishing a behavior will decrease the viol ...

;

trademark A trademark (also written trade mark or trade-mark) is a form of intellectual property that consists of a word, phrase, symbol, design, or a combination that identifies a Good (economics and accounting), product or Service (economics), service f ...

protection, and domain and

brand A brand is a name, term, design, symbol or any other feature that distinguishes one seller's goods or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and ...

protection. Clarivate calculates the

impact factor The impact factor (IF) or journal impact factor (JIF) of an academic journal is a type of journal ranking. Journals with higher impact factor values are considered more prestigious or important within their field. The Impact Factor of a journa ...

of scientific journals, using data from its

Web of Science The Web of Science (WoS; previously known as Web of Knowledge) is a paid-access platform that provides (typically via the internet) access to multiple databases that provide reference and citation data from academic journals, conference proceedi ...

product family, that also includes services and applications such as

Publons Publons was a commercial website that provided a free service for academics to track, verify, and showcase their peer review and editorial contributions for academic journals. It was launched in 2012 and was bought by Clarivate in 2017. It claime ...

EndNote EndNote is a commercial reference management software package, used to manage bibliography, bibliographies and Citation, references when writing essays, reports and articles. EndNote was written by Richard Niles, and ownership changed hands se ...

, and

EndNote Click EndNote Click (formerly Kopernio) is a freely available plug-in (computing), plugin allowing researchers to access papers in subscription-based scientific journals, to which they are subscribed through their higher education libraries, even when ...

. Its other product families are Cortellis, DRG, CPA Global, Derwent, CompuMark, and Darts-ip, and also the various

ProQuest ProQuest LLC is an Ann Arbor, Michigan, Ann Arbor, Michigan-based global information-content and technology company, founded in 1938 as University Microfilms by Eugene Power. ProQuest is known for its applications and information services for l ...

products and services. Clarivate was formed in 2016, following the acquisition of

Thomson Reuters Thomson Reuters Corporation ( ) is a Canadian multinational corporation, multinational content-driven technology Conglomerate (company), conglomerate. The company was founded in Toronto, Ontario, Canada, and maintains its headquarters at 1 ...

' Intellectual Property and Science business by

Onex Corporation Onex Corporation is a Canadian investment management firm founded by Gerry Schwartz in 1984. In September 2024, it had $50 billion dollars under management. History Schwartz founded Onex in 1984 and took the company public in 1987. In Jun ...

and

Baring Private Equity Asia Baring Private Equity Asia (BPEA) was an Asian investment firm headquartered in Hong Kong. It was founded in 1997 as an affiliate of Barings Bank before becoming an independent firm in 2000. In 2022, it was acquired by EQT AB to act as its Asia ...

. Clarivate has acquired various companies since then, including, notably, ProQuest in 2021.

Company history

Clarivate was formerly the Intellectual Property and Science division of

. Before 2008, it was known as Thomson Scientific. In 2016, Thomson Reuters struck a $3.55 billion deal in which they spun it off as an independent company, and sold it to private-equity firms

and

. In May 2019, Clarivate merged with the

Churchill Capital Corp Sir Winston Leonard Spencer Churchill (30 November 1874 – 24 January 1965) was a British statesman, military officer, and writer who was Prime Minister of the United Kingdom from 1940 to 1945 (Winston Churchill in the Second World War, ...

SPAC SPAC primarily refers to a special-purpose acquisition company, a method of taking a company public by merging it with an already public investment company. SPAC may also refer to: * Henry Crown Sports and Aquatics Center, a sports facility at No ...

to obtain a public listing on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

(NYSE) It currently trades with symbol NYSE:CLVT. After the

2022 Russian invasion of Ukraine On 24 February 2022, , starting the largest and deadliest war in Europe since World War II, in a major escalation of the Russo-Ukrainian War, conflict between the two countries which began in 2014. The fighting has caused hundreds of thou ...

, on March 11, 2022, Clarivate, which has an office in

Odesa Odesa, also spelled Odessa, is the third most populous List of cities in Ukraine, city and List of hromadas of Ukraine, municipality in Ukraine and a major seaport and transport hub located in the south-west of the country, on the northwestern ...

, Ukraine announced that it would cease all commercial activity in Russia.

Operations

the company conducts operations through three

strategic business unit A strategic business unit (SBU) in business strategic management, is a profit center which focuses on product offering and market segment. SBUs typically have a discrete marketing plan, analysis of competition, and marketing campaign, even though ...

s: Intellectual Property Group, Life Sciences & Healthcare Group, and Academic and Government Group, each led by a

president President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Arts and entertainment Film and television *'' Præsident ...

. Clarivate has been criticized for its anti-competitive practices in a highly oligopolistic

academic database A bibliographic database is a database of bibliographic records. This is an organised online collection of references to published written works like journal and newspaper articles, conference proceedings, reports, government and legal publicatio ...

market, for increasing the prices of the products it acquired, for the lack of further development and integration of the acquired products, for not developing its own products, for outsourcing jobs from the US and UK to India, and for eliminating telephone support for many of the acquired products.

Leadership Changes

On July 11, 2022, Clarivate announced that Jerre Stead would retire from his role as Executive Chair and Chief Executive Officer to become Non-Executive Chair of the Board of Directors. On September 1, 2022, Jonathan Gear, previously Chief Financial Officer of

IHS Markit Accuris is an information services provider. History IHS Information Handling Services (IHS) "was founded in 1959 as Information Handling Services to provide information for aerospace engineers through microfilm databases". It subsequently gre ...

, joined Clarivate on July 11, 2022, as CEO-elect, and became Chief Executive Officer on September 1, 2022. On September 1, 2022, Clarivate announced that Jerre Stead would retire from the Board on October 20, 2022, at which date Andrew Snyder, CEO of Cambridge Information Group and Vice Chairman of Clarivate, became the new Chair effective from that date. The Board has appointed Stead as Chairman Emeritus upon his Board retirement. On August 6, 2024, Clarivate appointed former ProQuest CEO Matti Shem Tov as the Company's next CEO.

Acquisitions

* June 1, 2017:

, a platform for researchers to share recognition for peer review. * April 10, 2018:

Kopernio EndNote Click (formerly Kopernio) is a freely available plugin allowing researchers to access papers in subscription-based scientific journals, to which they are subscribed through their higher education libraries, even when the user is off-cam ...

, AI-tech startup providing ability to search for full-text versions of selected scientific journal articles. * October 30, 2018: TrademarkVision, provider of Artificial Intelligence (AI) trademark research applications. * September 9, 2019:

SequenceBase SequenceBase is a privately held company, is an international patent sequence information provider with headquarters located in Edison, NJ, USA. SequenceBase develops and markets the SequenceBase Research Portal to the biotechnology, legal, pharma ...

, provider of patent sequence information and search technology to the biotech, pharmaceutical and chemical industries. * December 2, 2019: Darts-ip, provider of case law data and analytics for intellectual property (IP) professionals. * January 17, 2020: Decision Resources Group (DRG), a leading healthcare research and consulting company, providing high-value healthcare industry analysis and insights. * June 22, 2020: CustomersFirst Now, in intellectual property ("IP") software and tech-enabled services. * October 1, 2020: CPA Global, intellectual property ("IP") software and tech-enabled services. * December 1, 2021:

, software, data and analytics provider to academic, research and national institutions. It was acquired for $5.3 billion from

Cambridge Information Group Cambridge Information Group (CIG) is a privately held, family-owned global investment firm focusing on information services, education and technology. The company is led by CEO Andy Snyder. History CIG was founded in 1971 by Robert Snyder and a ...

in what was described as a "huge deal in the library and information publishing world". The company said that the operational concept behind the acquisition was integrating ProQuest's products and applications with

. Chairman of ProQuest Andy Snyder became the vice chairman of Clarivate. The

Scholarly Publishing and Academic Resources Coalition The scholarly method or scholarship is the body of principles and practices used by scholars and academics to make their claims about their subjects of expertise as valid and trustworthy as possible, and to make them known to the scholarly pu ...

, an advocacy group for open access to scholarship, voiced antitrust concerns. The acquisition had been delayed mid-year due to a

Federal Trade Commission The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) United States antitrust law, antitrust law and the promotion of consumer protection. It ...

antitrust probe. * March 21, 2024, Clarivate informed about acquisition of MotionHall, a Silicon Valley technology start-up company serving the life sciences with industry vertical Artificial Intelligence (AI) solutions. * April 23, 2024, Clarivate acquired Global QMS, Inc., expanding Life Sciences & Healthcare segment into new markets. * July 22, 2024, Clarivate announced acquisition of Rowan TELS to enhance support for patent practitioners.

Divestments

* November 2020: Clarivate sold its Techstreet division to a for-profit subsidiary of the

American Society of Mechanical Engineers The American Society of Mechanical Engineers (ASME) is an American professional association that, in its own words, "promotes the art, science, and practice of multidisciplinary engineering and allied sciences around the globe" via "continuing edu ...

. * November 2022: Clarivate divested MarkMonitor to

Newfold Digital Endurance International Group, Inc. (EIG), previously named BizLand, now part of Newfold Digital, was an IT services company specializing in web hosting. The company was founded in 1997 and headquartered in Burlington, Massachusetts, USA. In 2021 ...

. MarkMonitor registers the domains of

Google Google LLC (, ) is an American multinational corporation and technology company focusing on online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, consumer electronics, and artificial ...

Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...

Amazon Amazon most often refers to: * Amazon River, in South America * Amazon rainforest, a rainforest covering most of the Amazon basin * Amazon (company), an American multinational technology company * Amazons, a tribe of female warriors in Greek myth ...

Tencent Tencent Holdings Ltd. ( zh, s=腾讯, p=Téngxùn) is a Chinese Multinational corporation, multinational technology Conglomerate (company), conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimed ...

YouTube YouTube is an American social media and online video sharing platform owned by Google. YouTube was founded on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim who were three former employees of PayPal. Headquartered in ...

Wikipedia Wikipedia is a free content, free Online content, online encyclopedia that is written and maintained by a community of volunteers, known as Wikipedians, through open collaboration and the wiki software MediaWiki. Founded by Jimmy Wales and La ...

, and

eBay eBay Inc. ( , often stylized as ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide. ...

, among other companies. They provide domain management, brand protection, anti-piracy, and anti-fraud services. * April 2024: divestited Valipat * November 12, 2024: Clarivate sold ScholarOne to Silverchair.

Products and services

Web of Science

ProQuest

As Clarivate acquired ProQuest, various products of ProQuest are being operated under Clarivate, which encompasses products that ProQuest had taken on relatively recently, through acquisitions of its own—notably those of

Innovative Interfaces Innovative Interfaces, Inc. (abbreviated III and called "Innovative" or "Triple I" in the industry) is a software company specializing in integrated library system, integrated systems for library management. Their key products include Sierra, Po ...

: Vega, Sierra, Polaris, Millennium, and Virtua.

Cortellis

Cortellis comprises

life science Life, also known as biota, refers to matter that has biological processes, such as signaling and self-sustaining processes. It is defined descriptively by the capacity for homeostasis, organisation, metabolism, growth, adaptation, respon ...

-related intelligence services used to inform decision making across the drug and device development lifecycle, including: * Cortellis Regulatory Intelligence * Cortellis Competitive Intelligence * Cortellis Clinical Trials Intelligence * Cortellis Deals Intelligence * Cortellis Drug Discovery Intelligence * Cortellis Digital Health Intelligence * MetaCore * Cortellis Generics Intelligence (formerly Newport) * Chemistry, Manufacturing and Controls (CMC) Intelligence * BioWorld

Derwent

Other database products and services used for searching and analyzing patents; IP administration and prosecution support services to support the IP lifecycle include: * Derwent Innovation * Derwent SequenceBase * Derwent Data Analyzer * GENESEQ

CompuMark

Information services used by brand and trademark professionals to evaluate new potential trademarks and monitor existing trademarks for infringement, including: * SAEGIS®, online trademark screening * TM go365, self-service trademark research application * Full Search, analyst driven trademark searching * Watching, trademark protection

ScholarOne

ScholarOne is a submission management system to allow an

editor Editing is the process of selecting and preparing written, visual, audible, or cinematic material used by a person or an entity to convey a message or information. The editing process can involve correction, condensation, organization, a ...

of an

academic journal An academic journal (or scholarly journal or scientific journal) is a periodical publication in which Scholarly method, scholarship relating to a particular academic discipline is published. They serve as permanent and transparent forums for the ...

to manage electronic submission of authors' manuscripts for publication, to recruit reviewers of those manuscripts, to check authors' compliance with the journal's requirements, and to communicate with authors. It was sold to the American software company Silverchair in 2024.

Annual lists and reports

Highly Cited Researchers

Clarivate publishes an annual

Highly Cited Researchers list Highly Cited Researchers is a list published annually by Clarivate of Academic authorship, academic authors whose Academic publishing#Scholarly paper, publications have received particularly high numbers of Citation, citations in academic journa ...

. The list compiles "the world's most influential researchers of the past decade, demonstrated by the production of multiple highly-cited papers that rank in the top 1% by citations for field and year in

." According to Clarivate, researchers are selected for their "exceptional performance" in one or more of 21 fields (those used in Clarivate Essential Science Indicators, or ESI) or across several fields. The 2019 list of Highly Cited Researchers was released on November 19, 2019.

Clarivate Citation Laureates

From 2002 to 2020, 59 individuals listed as Citation Laureates have received Nobel prizes.

Journal Citation Reports

Top 100 Global Innovators Report

The annual Top 100 Global Innovators report identifies the world's most innovative organizations. These businesses have successfully developed valuable patented inventions that also have strong commercialization potential based on market reach and impact on other downstream inventions. The 2020 Top 100 Global Innovators Report was released on February 19, 2020.

References

External links

{{Authority control Analytics companies Technology companies established in 2018 2018 establishments in the United States Companies based in Philadelphia Private equity portfolio companies Special-purpose acquisition companies

Company history

Operations

Leadership Changes

Acquisitions

Divestments

Products and services

Web of Science

ProQuest

Cortellis

Derwent

CompuMark

ScholarOne

Annual lists and reports

Highly Cited Researchers

Clarivate Citation Laureates

Journal Citation Reports

Top 100 Global Innovators Report

See also

References

External links