We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Ocean Tomo Gains Ground With Patent Auction

Law360 (October 31, 2007, 12:00 AM EDT) -- Merchant bank Ocean Tomo sold half of its patent lots and took in nearly $11.6 million in total sales from its October technology patent auction in a sign that buyers are starting to warm up to the IP transaction event.

The company held its fifth patent auction on Oct. 25 in Chicago, and out of the 75 patent lots offered, 37 were sold on the floor and one immediately after the open-bidding session, for a transaction success rate of 51%.

The result was an improvement on...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.