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July 30, 2012 — In addition to this week's NewsBreak(s), the editors have compiled the Weekly News Digest, featuring stories from the week just past that you should know about. Watch for additional coverage to appear in the next print issue of Information Today. CLICK HERE to view all of this week's Weekly News Digest items.

Thomson Reuters to Acquire MarkMonitor

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 more than 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.

The MarkMonitor team, led by president and CEO 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.”

Source: Thomson Reuters