2013-09-09 20:02:02 -
Acquisition Strengthens Corsearch's Position in Expanding Market of Online Brand
Protection & Global Domain Recovery; Offers Broader Solutions for Global
NEW YORK, Sept. 9, 2013 - Wolters Kluwer Corporate Legal Services (CLS), a
leading provider of legal information services and solutions, today announced it
has acquired CitizenHawk, Inc., a premier provider of SaaS solutions and
services specializing in online brand protection and global domain recovery.
This acquisition further expands CLS's global portfolio of trademark and brand
clearance and protection solutions under the Corsearch brand, extending
Corsearch's capabilities into a rapidly growing market. CitizenHawk, based in
Aliso Viejo, Calif., serves more than 250 blue-chip brands with approximately
one in four companies on Internet Retailer's Top 500 list as clients. Terms of
the acquisition were not disclosed.
Web presence is playing an increasingly important
role in maximizing businesses'
global reach. As a result, managing and protecting a company's brand is more
complex today than ever before. Brands around the world are at risk of online
brand misuse or trademark infringement - ranging from cybersquatting and logo
abuse to unauthorized product distribution. The CitizenHawk acquisition allows
Corsearch to offer its customers a greater range of online brand protection
services from continuous monitoring of the Internet for all typo and
cybersquatting to identifying and taking action on unauthorized and fraudulent
domains to monitoring ecommerce, social media and other channels for brand
"There is a clear market convergence between online brand protection and
traditional trademark and brand protection. Trademark professionals are
increasingly expanding their scope to address online brand infringement issues,
making online brand protection a natural space for us to expand," said Josh
Braunstein, general manager, Corsearch. "This acquisition positions Corsearch
well to address customers' growing challenges."
CitizenHawk's combination of deep industry expertise coupled with advanced
software and monitoring technology allows its customers to not only identify,
but also act to prevent and remediate brand challenges. CitizenHawk has
sophisticated technology that identifies infringement on active trademarks, and
also boasts a patented business process for its domain recovery process.
Following the completion of the acquisition, CitizenHawk's technology will
integrate into Corsearch's service offerings to create a single solution for
"The need for brand protection and reputation management is rapidly increasing
and is highly correlated with e-commerce and online advertising. Combining our
online brand protection solutions with Corsearch's leading trademark watching
and screening services will allow both companies to bring greater value to
customers by offering a broad range of online and traditional brand protection
services from one company," said Dave Duckwitz, VP, CitizenHawk.
About Wolters Kluwer Corporate Legal Services
Wolters Kluwer Corporate Legal Services (CLS) operates a distinctive, global
portfolio of market-leading legal and compliance services companies, including
CT Corporation, NRAI, BizFilings, CT Lien Solutions, Corsearch, and TyMetrix.
It serves 70% of the Fortune 500, 90% of the AmLaw 100, 80% of the 100 largest
U.S. banks and hundreds of thousands of small business owners. As pioneers of
the legal compliance services space, CLS is the partner of choice for legal
compliance, due diligence, brand and performance management solutions. A Wolters
Kluwer business, CLS operates a network of over 1,500 professionals in 54
offices around the world.
Wolters Kluwer (www.wolterskluwer.com) is a market-leading global information
services company. Wolters Kluwer is headquartered in Alphen aan den Rijn, the
Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included
in the AEX and Euronext 100 indices.
Stacy Nobles Meg Geldens
Director of Communications Vice President, Investor Relations
Wolters Kluwer Corporate Legal Services Wolters Kluwer
+1 617.531.5892 +31 (0) 172 641 407
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