Clarivate was formed in 2016, following the acquisition ofThomson Reuters' Intellectual Property and Science business byOnex Corporation andBaring Private Equity Asia.[5] Clarivate has acquired various companies since then, including, notably, ProQuest in 2021.
Clarivate was formerly the Intellectual Property and Science division ofThomson Reuters. Before 2008, it was known as Thomson Scientific.[6] In 2016, Thomson Reuters struck a $3.55 billion deal in which theyspun it off as an independent company, and sold it to private-equity firmsOnex Corporation andBaring Private Equity Asia.[7][8]
In May 2019, Clarivate merged with the Churchill Capital CorpSPAC to obtain a public listing on theNew York Stock Exchange (NYSE)[9] It currently trades with symbol NYSE:CLVT.[10][11]
After the2022 Russian invasion of Ukraine, on March 11, 2022, Clarivate, which has an office inOdesa, Ukraine announced that it would cease all commercial activity in Russia.[12]
As of 2023,[update] the company conducts operations through threestrategic business units: Intellectual Property Group, Life Sciences & Healthcare Group, and Academic and Government Group, each led by apresident.[13][14]
Clarivate has been criticized for its anti-competitive practices in a highly oligopolisticacademic database 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.[15][16]
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 ofIHS Markit, joined Clarivate on July 11, 2022, as CEO-elect, and became Chief Executive Officer on September 1, 2022.[17][18]
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.[1] On August 6, 2024, Clarivate appointed former ProQuest CEO Matti Shem Tov as the Company's next CEO.[19]
June 1, 2017:Publons, a platform for researchers to share recognition for peer review.[20]
April 10, 2018:Kopernio, AI-tech startup providing ability to search for full-text versions of selected scientific journal articles.[21]
October 30, 2018: TrademarkVision, provider of Artificial Intelligence (AI) trademark research applications.[22]
September 9, 2019:SequenceBase, provider of patent sequence information and search technology to the biotech, pharmaceutical and chemical industries.[23]
January 17, 2020: Decision Resources Group (DRG), a leading healthcare research and consulting company, providing high-value healthcare industry analysis and insights.[25]
June 22, 2020: CustomersFirst Now, in intellectual property ("IP") software and tech-enabled services.[26]
October 1, 2020: CPA Global, intellectual property ("IP") software and tech-enabled services.[27]
December 1, 2021:ProQuest, software, data and analytics provider to academic, research and national institutions.[28] It was acquired for $5.3 billion fromCambridge Information Group 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 withWeb of Science.[29] Chairman of ProQuest Andy Snyder became the vice chairman of Clarivate.[30] TheScholarly Publishing and Academic Resources Coalition, an advocacy group for open access to scholarship, voicedantitrust concerns.[28] The acquisition had been delayed mid-year due to aFederal Trade Commission antitrust probe.[31]
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 acquiredGlobal QMS, Inc., expanding Life Sciences & Healthcare segment into new markets.
July 22, 2024, Clarivate announced acquisition ofRowan TELS to enhance support for patent practitioners.
TheWeb 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 fromacademic journals,conference proceedings, and other documents in variousacademic disciplines.
The Web of Science Core Collection consists of six online indexing databases:[35][36]
Science Citation Index Expanded (SCIE), previously entitled Science Citation Index, covers more than 9,200 journals across 178 scientific disciplines. Coverage is from 1900 to present day, with over 53 million records[37]
Social Sciences Citation Index (SSCI) covers more than 3,400 journals in the social sciences. Coverage is from 1900 to present, with over 9.3 million records[38]
Arts & Humanities Citation Index (AHCI) covers more than 1,800 journals in the arts and humanities. Coverage is from 1975 to present, with over 4.9 million records[39]
Emerging Sources Citation Index (ESCI) covers more than 7,800 journals in all disciplines. Coverage is from 2005 to present, with over 3 million records[40]
Book Citation Index (BCI) covers more than 116,000 editorially selected books. Coverage is from 2005 to present, with over 53.2 million records[41]
Conference Proceedings Citation Index (CPCI) covers more than 205,000 conference proceedings. Coverage is from 1990 to present, with over 70.1 million records[42]
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 ofInnovative Interfaces: Vega, Sierra, Polaris, Millennium, and Virtua.[43]
Cortellis compriseslife science-related intelligence services used to inform decision making across the drug and device development lifecycle,[44] including:
Other database products and services used for searching and analyzing patents; IP administration and prosecution support services to support the IP lifecycle[47] include:
Information services used by brand and trademark professionals to evaluate new potential trademarks and monitor existing trademarks for infringement,[48] including:
SAEGIS®, online trademark screening
TM go365, self-service trademark research application
ScholarOne is asubmission management system to allow aneditor of anacademic journal to manageelectronic 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.[49] It was sold to the American software company Silverchair in 2024.[50][51][34]
Clarivate publishes an annualHighly Cited Researchers list. 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 inWeb of Science."[52] 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.[53]
Clarivate Citation Laureates, formerly Thomson Reuters Citation Laureates, is a list of candidates considered likely to win theNobel Prize in their respective field. The candidates are so named based on thecitation impact of their publishedresearch. Thomson Reuters Citation Laureates was established in 1989. The list pertains to likelyNobel Prize winners in medicine, chemistry, physics, and economics. There appears to be a correlation between high citation rates for a published researcher and the award of prestigious accolades. Furthermore, citation rates disclose researchers furnishing instrumental contributions that advance the science of their respective field. Finally, choosing one tenth of one percent (0.1%) of the highest impact papers winnows the analysis to the topics and people most likely to be selected by Nobel selection committee.[54][55][56]
From 2002 to 2020, 59 individuals listed as Citation Laureates have received Nobel prizes.[57]
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.[61]
^"Security Compliance".Clarivate. RetrievedJanuary 14, 2024.The scope of the ISO/IEC 27001:2013 certification is limited to the information security management system (ISMS) supporting the systems, products and services provided by the Clarivate Intellectual Property Group (IPG), Life Sciences & Healthcare (LS&H) Group, and Academic and Government (A&G) Group ...
US$2.66 billion (2022)
–US$3.9 billion (2022)