Clarivate Analytics, a provider of trusted information and insights to accelerate the pace of innovation, completed the merger with CPA Global, a provider of intellectual property software and tech-enabled service, in a $6.8bn deal. CPA Global shareholders will receive approximately 218m Clarivate ordinary shares, representing 35% pro forma fully diluted ownership of Clarivate. "This is a transformative combination with a strong strategic fit between the two companies. It will create a full-service IP organization which will provide customers with a wide range of products and services to help them make faster and smarter critical decisions. The many strategic and financial benefits are expected to enhance our growth and drive value for shareholders. The two companies share similar core values, along with deep industry, subject matter and technical expertise, that when combined, will strengthen our ability to accelerate the pace of innovation," Jerre Stead, Clarivate Executive Chairman and CEO.