Clarivate Plc acquired TrademarkVision USA, LLC for $20.0 million (closing cash) plus earn-out, a transaction announced in October 2018.
Acquired the AI image-recognition trademark-search startup (Brisbane, Australia) to bolster the CompuMark trademark clearance and protection business; consideration was $20.0M closing net cash plus a milestone-based earn-out.
Acquired the AI image-recognition trademark-search startup (Brisbane, Australia) to bolster the CompuMark trademark clearance and protection business; consideration was $20.0M closing net cash plus a milestone-based earn-out.
The total purchase price for the acquisition consisted of $20,042 in closing date net cash consideration, subject to subsequent working capital adjustments, plus potential earn-out cash payments dependent upon achievement of certain milestones.
Advisory firms were not disclosed for this transaction.