Earlier today the firm announced that Ocean Tomo provided Verizon intellectual property advisory services focused on Yahoo! Intellectual property assets in advance of the company’s acquisition of Yahoo!
Ocean Tomo Managing Director responsible for intellectual property valuations, Roy D’Souza explained, “Our retention by Verizon represents yet another example demonstrating the relevance of IP in an industry with converging technology”.
“Ocean Tomo’s client base continues to rely upon the experienced insight of our team in the most significant and noteworthy of transactions. Coming on the heels of our announcement last week where Ocean Tomo served as transaction advisor to BASF-SE on the sale of more than 500 patent assets, the Verizon purchase illustrates the full range of Ocean Tomo’s Advisory assignments, from asset driven sales to whole company acquisitions”, reported Ocean Tomo’s Chief Executive James E. Malackowski.
Collectively, Ocean Tomo professionals have:
- Executed over 750 engagements (https://www.oceantomo.com/featured-engagements/) involving IP worth in excess of $10 billion;
- Successfully closed transactions where disruptive technology played a key role, with cumulative value in excess of $650 million;
- Conducted over 250 valuation engagements and 300 financial damages expert testimony engagements.