Analytics company Clarivate has announced that it will acquire library technology company ProQuest from Cambridge Information Group and its partners for $5.3 billion. The transaction is expected to close during the third quarter of 2021. “Clarivate and ProQuest are highly complementary businesses,” said Clarivate Executive Chairman and CEO Jerre Stead in a May 17 statement. “We share the goal to accelerate innovation through research and knowledge-sharing and together we will enable our customers to solve the world’s most complex challenges.”