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Deal sees Clarivate Analytics sell the MarkMonitor software to OpSec.
November 5, 2019
OpSec Security has signed an agreement with Clarivate Analytics to acquire the MarkMonitor brand protection, antipiracy and antifraud business.
By combining OpSec and the MarkMonitor teams’ expertise, the company aims to provide customers access to an integrated end-to-end solution to protect revenue streams, product integrity and brand reputation in a more holistic manner.
“OpSec has built and maintained a market-leading position because we continue to innovate and invest in solutions that solve the brand protection needs of our customers,” says Richard Cremona, chief executive officer, OpSec Security. “Integrating MarkMonitor’s industry-leading online brand protection program into OpSec’s solution portfolio expands and strengthens our commitment to helping brands combat the rising problems of piracy, fraud, counterfeiting and diversion for both the offline and online world. Our collective expertise and industry-leading technologies will create a whole new standard and raise the bar for global brand protection.”
Clarivate will retain the MarkMonitor Domain Management business as part of the agreement with OpSec. The transaction is expected to be completed by the end of the year.
“The MarkMonitor Brand Protection business has a 20-year legacy of delivering successful outcomes for some of the world’s greatest brands,” says Jerre Stead, executive chairman and chief executive officer, Clarivate Analytics. “Under OpSec’s new ownership and its proven commitment to innovation, we are confident that the MarkMonitor brand protection business – and its high-profile customer base – will flourish.”
Read more about:Opsec Security
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