Thomson Reuters announced today that it has made a deal to acquire a brand protection company called MarkMonitor for an undisclosed sum.
The MarkMonitor website says the company offers a suite of products and services that include brand protection (i.e., protecting trademarks and commerce), anti-piracy, anti-fraud, and domain management. The Wikimedia Foundation recently moved all of its sites from GoDaddy to MarkMonitor (as noted by The Next Web). The company says it serves more than half of the brands on the Fortune 100.
MarkMonitor has more than 400 employees in five countries, and the team (including CEO Irfan Salim) will be joining Thomson Reuters. In the press release, Thomson Reuters’ president of IP & Science Chris Kibarian describes the acquisition as “the beginning of a transformational shift within the Intellectual Property & Science business of Thomson Reuters.”
Investors in MarkMonitor include Cargill Ventures, Focus Ventures, Foundation Capital, and Institutional Venture Partners.
MarkMonitor, the global leader in enterprise brand protection, offers comprehensive solutions and services that safeguard brands, reputation and revenue from online risks. With end-to-end solutions that address the growing threats of online fraud, brand abuse and unauthorized channels, MarkMonitor enables a secure Internet for businesses and their customers. The company’s exclusive access to data combined with its patented real-time prevention, detection and response capabilities provide wide-ranging protection to the ever-changing online risks faced by brands today.
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. TR offers industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minn., Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the...
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