CPA Global acquires Clarivate Analytics’ IP management business
IP services provider CPA Global has acquired the IP management business of Clarivate Analytics, just months after buying market insight tool Filing Analytics and patent alert tool Citation Eagle.
Clarivate confirmed that following a strategic review of its IP-related businesses, it has transferred ownership of IP Management to CPA Global. The business manages the payment and renewal processes for patents and trademarks.
According to a spokesperson for Clarivate, the agreement marks a positive outcome for CPA Global, Clarivate and customers of its IP management division.
The deal, which has already completed, represents another acquisition for CPA Global in the past two months. Financial details were not disclosed.
In August, WIPR reported that the provider had acquired Filing Analytics and Citation Eagle from Practice Insight. At the time, Simon Webster, CPA Global CEO, said: “These combined offerings expand our capabilities with law firms and underline our commitment to helping them focus on business growth.”
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