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CCC Intelligent Solutions Holdings Inc. reports developments in its cloud SaaS and AI platform for the property and casualty insurance economy. Its technology supports digital workflows linking insurers, collision repairers, automakers, parts suppliers, and other participants across claims and vehicle repair processes.
Recurring updates include financial results and outlook, adoption of AI-based workflow tools, CCC ONE product capabilities such as mobile invoice scanning and consumer financing, and integrations within the CCC Diagnostics Network for scan, calibration, and repair-order documentation. Company news also includes industry data from Crash Course reports and governance or leadership changes.
Clarivate Plc (NYSE:CCC) has announced a definitive agreement to merge with CPA Global, aimed at enhancing innovation capabilities in the intellectual property sector. The all-stock deal values CPA Global at approximately $6.8 billion, granting its shareholders about 35% ownership in the combined entity. Anticipated benefits include significant growth opportunities, cost synergies of $75 million, and accretion to earnings per share of 12% in 2021 and 15% in 2022. The transaction is set to close in Q4 2020, subject to regulatory approvals.
Clarivate Plc (NYSE: CCC) has announced the opening of its new Global Business Center in Penang, Malaysia, as part of a strategy to enhance customer service capabilities in Asia. This center aims to employ around 350 professionals and is expected to leverage the region’s skilled labor and supportive government policies. The initiative aligns with Clarivate's mission to accelerate innovation globally. The company already has a substantial presence across Asia and employs over 5,500 staff worldwide.
Clarivate Plc (NYSE:CCC) has launched the Cortellis Generics Intelligence platform, enhancing analysis of market, API, and patent data. This user-friendly tool aims to assist generics companies and API manufacturers in making informed, data-driven decisions that drive business growth and market share defense. The platform replaces the Newport technology, featuring advanced search capabilities and curated data, including over 64,000 small molecules, 1.1 million patents, and regulatory documents. Daily updates will expand analytics, supporting strategic decision-making and market analysis.
Clarivate Plc (NYSE:CCC) released its 2020 Journal Citation Reports (JCR), featuring over 12,000 journals and updated parameters for evaluating journal self-citation. The JCR covers data from 2019 and includes more than 1,600 fully open access journals. This year, 351 new journals were added, with emphasis on transparent access models. Clarivate has excluded 33 journals due to citation anomalies, supporting report integrity. The enhanced JCR aims to empower researchers and publishers by providing reliable insights for informed decision-making in academic publishing.