Clarivate Analytics, the global leader in providing trusted insights and analytics to accelerate the pace of innovation, has announced the acquisition of Australian AI-technology company TrademarkVision. It joins Boston-based company CompuMark, the trademark clearance and protection partner for 9 out of 10 of the world's most valuable brands.
Forty percent of trademarks filed contain images. However, trademark professionals rely on building complex queries with keywords and image codes to research image-based trademarks on their own. TrademarkVision revolutionised the trademark research space when it released the world's first visual search for trademarks in 2013.
TrademarkVision's AI-powered image recognition software applies the principles of facial recognition software to visually search artwork, images and even 3D design patents, to determine whether a proposed trademark logo is acceptable or if it infringes on an existing trademark. CompuMark currently applies TrademarkVision technology within TM go365™, a tool designed to enable trademark professionals to instantly research trademarks and more effectively manage day-to-day portfolios.
TrademarkVision's CEO and founder Sandra Mau will remain with the company, along with COO Cameron Mitchell and their team of over 30 professionals based in Brisbane, Australia, and Pittsburgh, USA.
The addition of TrademarkVision technology to CompuMark follows the announcement earlier this year that CompuMark entered a strategic partnership with Chinese trademark solution provider, White Rabbit / Bai Tu. Clarivate Analytics continues to invest in new technologies and solutions that support innovation and improved products for its global customers. This is Clarivate's third acquisition in 18 months, following the acquisition of technology start-ups Kopernio and Publons.
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