IPXI announced yesterday that it was ceasing operations. As the original inspiration for the platform, Ocean Tomo is of course disappointed to see this current effort come to an end.
The activities of IPXI were broadly recognized as positively contributing toward global IP market development. Ocean Tomo will continue to encourage similar efforts underway, both for the inherent benefits of an efficient market as well as for the opportunity such a platform provides to our clients.
We want to take this opportunity to thank the IPXI team – especially our former Ocean Tomo colleagues – for their efforts. They presented the industry with a well thought model and ultimately three diverse and high quality patent estates. I have no doubt their work will be an important reference point for future efforts of others.