ProQuest

Clarivate Announces Change in Leadership Structure

Retrieved on: 
Monday, January 10, 2022

LONDON, Jan. 10, 2022 /PRNewswire/ -- Clarivate plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced that as part of its One Clarivate Vision to put even greater focus on its customers and solutions, effective February 1, Gordon Samson will become Chief Product Officer. Samson, who is currently President of the IP Segment, will support the four Clarivate customer verticals in this newly created and focused role. With this change, Mukhtar Ahmed, President of the Science Segment, will be leaving the company.  Ahmed will work with Samson on the transition of the Science team and the ProQuest integration until April 1, 2022, then will remain in an advisory role to the company until his departure on October 1, 2022.

Key Points: 
  • Samson, who is currently President of the IP Segment, will support the four Clarivate customer verticals in this newly created and focused role.
  • With this change, Mukhtar Ahmed, President of the Science Segment, will be leaving the company.
  • Samson joined Clarivate in October 2020 with the acquisition of CPA Global, having joined CPA Global in 2014 as Chief Operating Officer.
  • Clarivate is a global leader in providing trusted information and insights to accelerate the pace of innovation.

Clarivate Announces Change in Leadership Structure

Retrieved on: 
Monday, January 10, 2022

LONDON, Jan. 10, 2022 /PRNewswire/ -- Clarivate plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced that as part of its One Clarivate Vision to put even greater focus on its customers and solutions, effective February 1, Gordon Samson will become Chief Product Officer. Samson, who is currently President of the IP Segment, will support the four Clarivate customer verticals in this newly created and focused role. With this change, Mukhtar Ahmed, President of the Science Segment, will be leaving the company.  Ahmed will work with Samson on the transition of the Science team and the ProQuest integration until April 1, 2022, then will remain in an advisory role to the company until his departure on October 1, 2022.

Key Points: 
  • Samson, who is currently President of the IP Segment, will support the four Clarivate customer verticals in this newly created and focused role.
  • With this change, Mukhtar Ahmed, President of the Science Segment, will be leaving the company.
  • Samson joined Clarivate in October 2020 with the acquisition of CPA Global, having joined CPA Global in 2014 as Chief Operating Officer.
  • Clarivate is a global leader in providing trusted information and insights to accelerate the pace of innovation.

Clarivate Announces Change in Executive Leadership

Retrieved on: 
Wednesday, December 1, 2021

LONDON, Dec. 1, 2021 /PRNewswire/ --Clarivate plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced a change to our executive leadership team.Clarivate Executive Vice President and Chief Financial Officer Richard Hanks is leaving the company and will be succeeded by Jonathan Collins, who is currently Executive Vice President and CFO of Dana Incorporated (NYSE: DAN).

Key Points: 
  • LONDON, Dec. 1, 2021 /PRNewswire/ --Clarivate plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced a change to our executive leadership team.Clarivate Executive Vice President and Chief Financial Officer Richard Hanks is leaving the company and will be succeeded by Jonathan Collins, who is currently Executive Vice President and CFO of Dana Incorporated (NYSE: DAN).
  • Collins will be joining Clarivate effective Dec. 16 as Executive Vice President and CFO.
  • Hanks will remain with Clarivate until April 1 to support the CFO transition.
  • "I want to thank Richard for his leadership and for being a very important part in creating Clarivate's success for the past five years," said Clarivate Executive Chairman and Chief Executive Officer Jerre Stead.

Clarivate Announces Change in Executive Leadership

Retrieved on: 
Wednesday, December 1, 2021

LONDON, Dec. 1, 2021 /PRNewswire/ -- Clarivate plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced a change to our executive leadership team. Clarivate Executive Vice President and Chief Financial Officer Richard Hanks is leaving the company and will be succeeded by Jonathan Collins, who is currently Executive Vice President and CFO of Dana Incorporated (NYSE: DAN). Collins will be joining Clarivate effective Dec. 16 as Executive Vice President and CFO. Hanks will remain with Clarivate until April 1 to support the CFO transition.

Key Points: 
  • LONDON, Dec. 1, 2021 /PRNewswire/ --Clarivate plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced a change to our executive leadership team.Clarivate Executive Vice President and Chief Financial Officer Richard Hanks is leaving the company and will be succeeded by Jonathan Collins, who is currently Executive Vice President and CFO of Dana Incorporated (NYSE: DAN).
  • Collins will be joining Clarivate effective Dec. 16 as Executive Vice President and CFO.
  • Hanks will remain with Clarivate until April 1 to support the CFO transition.
  • "I want to thank Richard for his leadership and for being a very important part in creating Clarivate's success for the past five years," said Clarivate Executive Chairman and Chief Executive Officer Jerre Stead.

Clarivate Successfully Completes Acquisition of ProQuest

Retrieved on: 
Wednesday, December 1, 2021

Clarivate is a global leader in providing solutions to accelerate the lifecycle of innovation.

Key Points: 
  • Clarivate is a global leader in providing solutions to accelerate the lifecycle of innovation.
  • ProQuest products and solutions are used in academic, K-12, public, corporate and government libraries in 150 countries.
  • ProQuest helps its customers achieve better research, better learning and better insights.
  • The following table presents our calculation of Adjusted Revenues for the Standalone Clarivate Outlook for 2021 and reconciles this measure to our Revenues, net for the same period:

Clarivate Successfully Completes Acquisition of ProQuest

Retrieved on: 
Wednesday, December 1, 2021

LONDON, Dec. 1, 2021 /PRNewswire/ -- Clarivate plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, has completed its acquisition of ProQuest – a leading global software, content, data and analytics provider. This succeeds the satisfaction of customary closing conditions, following a commitment to acquire the business from the Cambridge Information Group and other investors, announced on May 17, 2021.  

Key Points: 
  • Clarivate is a global leader in providing solutions to accelerate the lifecycle of innovation.
  • ProQuest products and solutions are used in academic, K-12, public, corporate and government libraries in 150 countries.
  • ProQuest helps its customers achieve better research, better learning and better insights.
  • The following table presents our calculation of Adjusted Revenues for the Standalone Clarivate Outlook for 2021 and reconciles this measure to our Revenues, net for the same period:

Global Library Management Software Market 2021-2025: Increase in Technological Advancements and M&A in the Library Services and Automation Markets - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 30, 2021

The library management software market is poised to grow by $273.59 mn during 2021-2025, progressing at a CAGR of over 2%

Key Points: 
  • The library management software market is poised to grow by $273.59 mn during 2021-2025, progressing at a CAGR of over 2%
    This study identifies the increase in technological advancements and M&A in the library services and automation market as one of the prime reasons driving the library management software market growth during the next few years.
  • The market is driven by the rise in demand for library management software from APAC and the growing need for library management software in K-12 schools in the US.
  • The report on the library management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The library management software market analysis includes end-user and deployment segments and geographic landscape.

DataStax Accelerates Global Growth in Q3 with New Customers Including GrubHub, M&T Bank and Axway and Strong Demand for its Serverless Cloud Database, Astra DB

Retrieved on: 
Monday, November 29, 2021

Since DataStax launched Astra DB -- the first open, multi-cloud serverless database-as-a-service just over a year ago and has seen strong adoption. This is the second consecutive quarter where Astra DB contributed over 25% of the company’s new annual recurring revenue (ARR). In addition, the company’s recent launch of Astra Streaming, built on Apache Pulsar, is gaining strong interest from the market, including from Apache Kafka users looking for more modern, scalable event streaming technology to build responsive applications that drive customer engagement.

Key Points: 
  • Astra DB is built on Apache Cassandra , the worlds most scalable database and recognized as the NoSQL (non-relational) enterprise standard.
  • GrubHub uses DataStax Enterprise and Apache Cassandra (with DataStax Luna) as the base of our technology platform.
  • By going serverless with DataStax Astra DB, weve reduced the operational costs for our Cassandra database platform by an order of ten.
  • Since DataStax launched Astra DB -- the first open, multi-cloud serverless database-as-a-service just over a year ago and has seen strong adoption.

Charles University is First Czech Institution to Adopt Ex Libris Alma Library Services and Primo Discovery

Retrieved on: 
Friday, November 12, 2021

JERUSALEM, Nov. 12, 2021 /PRNewswire/ --Ex Libris, a ProQuest company, is pleased to announce that Charles University (CU)a prominent research university based in Pragueis the first institution in the Czech Republic to select the Ex Libris Alma library services platform and Primo discovery solution.

Key Points: 
  • JERUSALEM, Nov. 12, 2021 /PRNewswire/ --Ex Libris, a ProQuest company, is pleased to announce that Charles University (CU)a prominent research university based in Pragueis the first institution in the Czech Republic to select the Ex Libris Alma library services platform and Primo discovery solution.
  • All of the CU library services will be unified under the Alma platform, which will replace the school's previous library products, and integrated with Primo discovery.
  • The CU library system consists of more than 60 individual libraries, all managed by the Charles University Central Library.
  • "Alma services and Primo discovery will be a significant step forward for Charles University," commented Charles University Rector Professor Tom Zima.

Clarivate Announces Extension of $250 Million Share Repurchase Program

Retrieved on: 
Thursday, October 28, 2021

LONDON, Oct. 28, 2021 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced that its Board of Directors has approved the extension of its share repurchase program through January 31, 2022.

Key Points: 
  • LONDON, Oct. 28, 2021 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced that its Board of Directors has approved the extension of its share repurchase program through January 31, 2022.
  • The current share repurchase program authorized the Company to purchase up to $250 million of its ordinary shares through open-market purchases, of which $185 million remains available, and was previously set to expire October 31, 2021.
  • This communication contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995.
  • Because forward-looking statements relate to the future, they are difficult to predict and many of which are outside of our control.