Gunderson Dettmer Advises Rowan TELS in its Acquisition by Clarivate
Gunderson Dettmer represented client Rowan TELS, an AI and workflow solutions that addresses the complex legal challenges of corporations and law firms, in its acquisition by Clarivate, a leading global provider of transformative intelligence. Rowan TELS’s product, Rowan Patents, is an integrated patent drafting environment that provides all the elements to draft a patent in one product to ensure consistency.
This acquisition will enable Clarivate to extend its workflow automation solutions beyond its market-leading IP management and intelligence capabilities, delivering new comprehensive and integrated solutions to support patent preparation, filing and prosecution. It also positions Clarivate to provide patent practitioners in this emerging market with automation and responsible artificial intelligence-enabled solutions that facilitate the efficient delivery of high-quality patent applications.
In the announcement of the acquisition, Rowan TELS CEO John Amster said, "With its unmatched IP Solutions and deep expertise, Clarivate is well positioned to bring Rowan's advanced technologies, including generative AI, to enhance complex patent preparation and prosecution. The Rowan team is excited to help Clarivate deliver new end-to-end workspace solutions that will empower IP practitioners to create quality patents."
The Gunderson Dettmer deal team was led by Bennett Yee and included Lily Kim, Francesca Crisera Ruiz, Anjuli Schlievert, Jake Winton, Madeleine Kerr Hyde and Erik Ward.
Companies
Rowan TELS
Clarivate