Clarivate Plc, a global leader in providing trusted information and insights to accelerate the pace of innovation, has acquired South Korean Hanlim IPS Co., LTC (Hanlim IPS).
By combining strengths, Clarivate and Hanlim IPS will be able to provide a more comprehensive suite of intellectual property solutions to customers in South Korea and worldwide, covering the entire innovation and IP lifecycle – from scientific and academic research to IP portfolio management and protection.
Currently, South Korea is showing the steepest growth globally of PCT filings with an increase of 12.8% from 2018 to 2019 as stated by WIPO. By joining forces with Hanlim IPS, Clarivate is strategically positioned to address the rapid growth in South Korea and for customers in other jurisdictions looking to file in South Korea. Together Clarivate can offer a wider range of local products and services to directly serve the APAC market, including local customer support, local language search expertise and better understanding of local requirements to influence the overall product strategy.
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