Thomson Reuters

Tom Glocer is the CEO of Thomson Reuters.

Thomson Reuters was formed on April 17, 2008 when The Thomson Corporation, based in Canada, purchased the British company Reuters. Thomson Reuters is a dual-listed company, consisting of Thomson Reuters Corporation, a Canadian company, and Thomson Reuters PLC, a UK company. The Thomson family owns 53% of Thomson Reuters through Woodbridge Investment Company, a holding company for the Thomson family.

Prior to the purchase of Reuters, The Thomson Corporation was a specialized publishing company providing legal and financial data, distributed online, through CD-ROMs and in print. Thomson Reuters operates several market groups including Thomson Legal & Regulatory (the largest), Thomson Learning, Thomson Financial and Thomson Scientific & Healthcare.

Thomson was once a major newspaper publisher, owning the Times of London and The Scotsman in the UK and about 130 daily and non-daily newspapers in the USA and Canada. These properties were gradually sold as Thomson decided to focus on the business-to-business market. Most of the North American newspapers were sold in 2000, to Gannett and CNHI.

In 2004 Thomson sold Thomson Media, its business publishing division, to Investcorp, an investment holding company. The company was renamed Source Media in 2005.

The Thomson Corporation was formed in 1989 with the merger of Thomson Newspapers and the International Thomson Organization. Roy Herbert Thomson founded the company in 1934 in Ontario, Canada as the publisher of The Timmins Daily Press. In 1953 Thomson acquired The Scotsman newspaper and moved to Scotland the following year. In 1957 he won the franchise for Scottish Television, and in 1959 he bought the Kemsley Group giving him control of the Sunday Times. He acquired The Times of London newspaper in 1967.

Reuters was founded in London by Paul Julius Reuter in 1851. It's business involved transmitting stock market quotations. Reuter set up his "Submarine Telegraph" office in October 1851 and negotiated a contract with the London Stock Exchange to provide stock prices from the continental exchanges in return for access to London prices, which he then supplied to stockbrokers in Paris.

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