- Clarivate Plc has acquired Rowan TELS Corp. to enhance patent support.
- Rowan TELS provides Rowan Patents, an integrated solution for patent drafting and prosecution.
- The acquisition extends Clarivate’s workflow automation and AI-enabled solutions for patent preparation and prosecution.
- Clarivate aims to integrate AI and automation into its IP management services.
- The purchase aligns with Clarivate’s strategy to become a central hub for IP management.
- Rowan TELS’ CEO highlights the potential for generative AI to improve patent quality.
Main AI News:
Clarivate Plc has announced its acquisition of Rowan TELS Corp. through one of its subsidiaries, a strategic move aimed at bolstering support for patent practitioners. Rowan TELS is renowned for its integrated patent drafting and prosecution solution, Rowan Patents, which is designed to streamline the patent establishment and protection process.
Clarivate, a global leader in transformative intelligence, offers a suite of solutions for managing and protecting intellectual property (IP) assets throughout their lifecycle. This acquisition allows Clarivate to extend its capabilities beyond its established IP management and intelligence platforms. By integrating Rowan TELS’ technologies, Clarivate aims to enhance its workflow automation solutions, providing patent practitioners with comprehensive tools for patent preparation, filing, and prosecution.
Gordon Samson, President of Intellectual Property at Clarivate, emphasized the strategic importance of this acquisition: “Clarivate is committed to simplifying and optimizing IP management. Rowan Patents will enable us to integrate AI and intelligent automation tools into our services, supporting critical tasks for attorneys and reinforcing our strategy to be the central hub for IP management.”
Clarivate has been proactively expanding its software capabilities across the IP lifecycle. This expansion includes recent developments such as the launch of the IP Collaboration Hub in June. The company focuses on developing responsible AI solutions to drive innovation in IP management and decision-making.
John Amster, CEO of Rowan TELS, expressed enthusiasm about the integration: “Clarivate’s unmatched IP solutions and expertise position them perfectly to enhance Rowan’s advanced technologies, including generative AI. We look forward to collaborating with Clarivate to deliver new end-to-end solutions that will empower IP practitioners to create high-quality patents.”
With this acquisition, Clarivate is set to advance its position in the IP management sector, offering more robust, AI-powered solutions that cater to the evolving needs of patent professionals.
Conclusion:
The acquisition of Rowan TELS by Clarivate represents a significant advancement in the integration of AI and automation within the intellectual property management sector. By incorporating Rowan Patents’ advanced solutions, Clarivate strengthens its position in offering comprehensive, end-to-end support for patent practitioners. This move not only enhances Clarivate’s existing IP management capabilities but also underscores a growing trend in the industry towards automation and AI-driven efficiencies. The expansion is likely to attract increased attention from patent professionals seeking advanced tools for streamlined patent processes, thereby potentially reshaping competitive dynamics in the IP management market.
