Verizon Communications Inc. Retained Ocean Tomo to Provide Intellectual Property Advisory Services focused on Yahoo! Intellectual Property Assets
Chicago, IL (August 10, 2016) – Ocean Tomo LLC, the intellectual capital merchant banc™ firm announced today that Ocean Tomo provided Verizon intellectual property advisory services in advance of the company’s acquisition of Yahoo!
“Our retention by Verizon represents yet another example demonstrating the relevance of IP in an industry with converging technology” explained Roy D’Souza 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.
About Ocean Tomo, LLC
Ocean Tomo, the Intellectual Capital Merchant Banc™ firm, provides companies with financial services related to intellectual property and intangible assets. Practice offerings include financial expert testimony, valuation, strategy consulting, investment advisory, innovation management consulting and transaction brokerage.
Our Opinion, Management, and Advisory Services are built upon more than two decades of experience valuing intellectual property in the most rigorous of venues – State, Federal and international courts. Our financial, market and technical experts provide a unique understanding of the contributory value of proprietary innovation. This is the cornerstone of our business. This insight permeates every practice and client engagement.
Collectively, Ocean Tomo professionals have:
- Executed over 750 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.
Ocean Tomo assists clients – corporations, law firms, governments and institutional investors – in realizing Intellectual Capital Equity® value broadly defined.