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Weekly News Digest

July 30, 2012 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

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Thomson Reuters to Acquire MarkMonitor

The Intellectual Property & Science business of Thomson Reuters announced that it signed a definitive agreement to purchase MarkMonitor, a leader in online brand protection. The completion of the acquisition is subject to standard regulatory approvals. The terms of the transaction were not disclosed.

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



Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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