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News from Thomson Reuters‘ Intellectual Property & Science business

Thomson Reuters Corp said on Wednesday it was exploring strategic options for its Intellectual Property & Science business, which had revenue of about $1 billion in 2014.

The business, which has 3,200 employees, provides intellectual property and scientific information and associated tools and services to governments, universities and companies. This includes former independent businesses covering the Derwent World Patents Index, ISI Web of Science and Science Citation Index, Delphion and MicroPatent search services, and Cortelis.

Possible suitors for the business include Amsterdam-based Elsevier, Hoboken, New Jersey-based John Wiley & Sons, Inc and Springer Nature, which has offices globally, said Sanford Bernstein analyst Claudio Aspesi.