Clarivate Acquires Ai Start Up To Accelerate Strategy And Business Development Success For Life Sciences & Healthcare Clients
Acquiring Company
Clarivate Plc
Acquired Company
MotionHall
London
San FranciscoInformation TechnologyHealth CareArtificial IntelligenceIntellectual PropertyInformation ServicesBiotechnologyPharmaceuticalDescription
Clarivate Plc (NYSE:CLVT) a leading global provider of transformative intelligence, has announced an agreement to acquire the substantial majority of assets of MotionHall, a Silicon Valley technology start-up company serving the life sciences with industry vertical artificial intelligence (AI) solutions. The asset purchase serves as a key component of the ClarivateTM Life Sciences & Healthcare strategy to deliver transformative intelligence through the application of generative AI (GenAI) and proprietary industry vertical AI solutions. Clarivate provides people and organizations with transformative intelligence they can trust, propelling human ingenuity into our world's greatest breakthroughs.
Quick answer
Clarivate Plc is acquiring MotionHall, announced March 21, 2024. Clarivate Plc is based in London, England, United Kingdom.
- How much did Clarivate Plc pay for MotionHall?
- The deal value was not disclosed.
- What does Clarivate Plc do?
- Clarivate is a leading global information services provider.
- Where are Clarivate Plc and MotionHall based?
- Clarivate Plc is based in London, England, United Kingdom. MotionHall is based in San Francisco, California, United States.
- Who are the decision-makers at Clarivate Plc?
- Fundz holds 2 contacts at Clarivate Plc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- ONO Pharmaceutical Co., Ltd. to acquire Deciphera Pharmaceuticals, Inc. for $2.4 Billion, $2.4B (April 29, 2024)
- Clarivate Plc completes acquisition of Global QMS, Inc., Expanding Life Sciences & Healthcare Segment into New Markets (April 23, 2024)
- Eli Lilly and Company acquires manufacturing facility from Nexus Pharmaceuticals to expand U.S. capacity (April 22, 2024)
- Future Pak proposes acquisition of Vanda Pharmaceuticals for $7.25 to $7.75 per share in cash (April 17, 2024)
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Frequently asked
Who acquired MotionHall?
MotionHall was acquired by Clarivate Plc, based in London. The deal was reported on March 21, 2024. Clarivate is a leading global information services provider. We connect people and organizations to intelligence they can trust to transform their perspective, their work and our world. Clarivate Plc is publicly traded (CLVT) and operates in Information Technology.
When did Clarivate Plc acquire MotionHall?
Clarivate Plc's acquisition of MotionHall was reported on March 21, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MotionHall do?
MotionHall helps pharma and biotech companies close more valuable licensing and M&A deals by putting a powerful professional suite of modern technology and services at the fingertips of business development professionals. It is privately held, operating in Biotechnology, and is based in San Francisco.
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