About This Deal

Clarivate Plc acquired Hanlim IPS Co., Ltd. for $9.3 million (cash), a transaction announced in November 2020.

Acquired the South Korean patent renewal and IP research/consulting services provider (cash on hand) to accelerate IP information and insights solutions in South Korea, complementary to Clarivate's IP portfolio.

Acquired the South Korean patent renewal and IP research/consulting services provider (cash on hand) to accelerate IP information and insights solutions in South Korea, complementary to Clarivate's IP portfolio.

Deal Terms

Acquirer
Clarivate Plc
Target
Hanlim IPS Co., Ltd.
Value
$9.3 million (cash)
Date
November 2020
Type
Full acquisition
Status
Completed

Transaction Details

Announced
November 23, 2020

In Their Words

On November 23, 2020, we acquired 100% of the assets, liabilities and equity interests of Hanlim IPS. Co., Ltd. ("Hanlim"), a leading patent renewal and information service provider in South Korea via cash on hand for $9,254.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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