Clarivate Acquires Rowan TELS to Enhance Support for Patent Practitioners

Core Insights - Clarivate Plc has acquired Rowan TELS Corp., enhancing its capabilities in patent management and prosecution through the integration of Rowan Patents, a solution designed for patent practitioners [1][5] Company Overview - Clarivate is a leading global provider of transformative intelligence, offering enriched data, insights, analytics, and workflow solutions across various sectors, including Intellectual Property [8] - Rowan TELS provides software solutions that incorporate automation and AI to address legal challenges faced by corporations and law firms [3] Strategic Goals - The acquisition aims to simplify and optimize intellectual property (IP) management, empowering organizations to protect and leverage their IP assets in a competitive market [2] - Clarivate plans to create an integrated end-to-end workspace for patent practitioners, combining AI and intelligent automation tools to support critical attorney tasks [2][4] Product Features - Rowan Patents offers an integrated environment for patent drafting, including claims, specifications, drawings, and biological sequences, ensuring consistency and efficiency [3][8] - The acquisition will extend Clarivate's workflow automation solutions, enhancing its existing IP management and intelligence capabilities [4][7] Market Positioning - Clarivate is positioned to provide automation and responsible AI-enabled solutions to patent practitioners, facilitating the efficient delivery of high-quality patent applications [4][5] - The company has been expanding its software support across the IP lifecycle, with recent enhancements to its patent maintenance and IP management software [7]