Verizon Communications Inc. Retained Ocean Tomo to Provide Intellectual Property Advisory Services focused on Yahoo! Intellectual Property Assets.
“Our retention by Verizon represents yet another example demonstrating the relevance of IP in an industry with converging technology” explained Ocean Tomo’s Managing Director responsible for IP valuations.
“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.