Transactions Featured Engagement

Background

Ocean Tomo LLC, the intellectual capital merchant banc™ firm announced today that the Ocean Tomo Transactions team represented a wireless audio technology company in the sale of its cutting edge wireless audio patent portfolio, which included both granted patents and pending applications, to a leading consumer electronics company.

Engagement

“When our client recently sold its business, which successfully commercialized the patents, it believed that it could generate greater shareholder value by selling the patents separately from the company,” says James Trueman , Managing Director of Ocean Tomo’s Advisory Services Group, comprised of transactions and investments advisory.

Results

With the global wireless audio device market estimated to triple in size to over $24.5 billion dollars in the next five years, the acquirer of these patents will be in a much better position to extract value from them through its existing and future products than the seller, a small enterprise.


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CONTACT
James Trueman
Managing Director
+1 415.946.2590
EMAIL