Thomson Reuters has acquired the corporate brand-protection registrar MarkMonitor for an undisclosed sum.
MarkMonitor will be absorbed into its new owner’s Intellectual Property & Science business unit, giving it a ready-made and pretty strong domain name management capability.
San Francisco-based MarkMonitor has almost 700,000 domain names in gTLDs under management and says it has over half of the Fortune 100 as clients and over 400 employees.
Thomson Reuters is one of the world’s leading providers of business information with annual revenue approaching $14 billion.
As an aside, I predicted back in October 2011 that MarkMonitor was about ready to be acquired, based on the consolidation trend in the industry. It took a little longer than I expected.