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Clarivate sells Life Sciences & Healthcare segment for $600M to focus on AI-driven Academia & IP sectors.

Company Fundamentals
06 Jul 2026
PRNewsWire
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Bullish
pluang ai news

Clarivate Plc has agreed to sell its Life Sciences & Healthcare segment to Altaris LLC for $600 million, aiming to sharpen its focus on AI-driven intelligence in Academia & Government and Intellectual Property segments. The sale will improve Clarivate's financial profile by enhancing revenue mix, expanding EBITDA margins, and reducing capital intensity, with proceeds used to reduce debt. The transaction is expected to close by year-end, and Clarivate reaffirmed its 2026 financial outlook including the divested segment's results classified as discontinued operations from Q3. This strategic move positions Clarivate as a more focused leader in knowledge and innovation economy sectors.

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