Ocean Tomo

Last updated
Ocean Tomo
IndustryFinancial products and services
Headquarters,
Key people
James E. Malackowski, Chairman & CEO
Subsidiaries
    • Ocean Tomo Asset Management, LLC
    • Ocean Tomo Capital, LLC
    • Ocean Tomo Risk Management, LLC
    • OTI Data Networks, LLC
    • Patent Marking, LLC
Website www.oceantomo.com

Ocean Tomo is an intellectual property merchant bank that provides financial products and services, including expert testimony, valuation, research, ratings, investments, risk management, and transactions. They are headquartered in Chicago, Illinois, USA. They also have offices in Greenwich, San Francisco and Houston. Ocean Tomo is the founder of the Intellectual Property Exchange International (IPXI). Their current Chairman and CEO is James E. Malackowski. [1] [2]

Auctions

Ocean Tomo introduced the world's first public auctions of patents, trademarks and copyrights. [3] The auctions have included business method patents and the rights to Jimi Hendrix's music recordings. [4] In 2009, the Ocean Tomo transactions division was acquired by ICAP through a newly created company, ICAP Ocean Tomo, later renamed ICAP Patent Brokerage. [5] [6]

Related Research Articles

Intellectual property Notion of ownership of ideas and processes

Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The most well-known types are copyrights, patents, trademarks, and trade secrets. The modern concept of intellectual property developed in England in the 17th and 18th centuries. The term "intellectual property" began to be used in the 19th century, though it was not until the late 20th century that intellectual property became commonplace in the majority of the world's legal systems.

Jimi Hendrix American guitarist, singer and songwriter

James Marshall "Jimi" Hendrix was an American musician, singer, and songwriter. Although his mainstream career spanned only four years, he is widely regarded as one of the most influential electric guitarists in the history of popular music, and one of the most celebrated musicians of the 20th century. The Rock and Roll Hall of Fame describes him as "arguably the greatest instrumentalist in the history of rock music".

Patent Type of legal protection for an invention

A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of years, in exchange for publishing an enabling public disclosure of the invention. In most countries, patent rights fall under private law and the patent holder must sue someone infringing the patent in order to enforce their rights. In some industries patents are an essential form of competitive advantage; in others they are irrelevant.

A software patent is a patent on a piece of software, such as a computer program, libraries, user interface, or algorithm.

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<i>Axis: Bold as Love</i> 1967 studio album by the Jimi Hendrix Experience

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Stephan Kinsella

Norman Stephan Kinsella is an American intellectual property lawyer, author, and deontological anarcho-capitalist. His legal works have been published by Oxford University Press, Oceana Publications, Mises Institute, Quid Pro Books and others.

<i>Experience Hendrix: The Best of Jimi Hendrix</i> 1997 compilation album by Jimi Hendrix

Experience Hendrix: The Best of Jimi Hendrix is a compilation album of songs by American rock musician Jimi Hendrix, released in 1997 by Legacy Recordings. The single compact disc collects 20 songs spanning his career, from his first recordings with the Jimi Hendrix Experience in 1966 to his last with Billy Cox and Mitch Mitchell in 1970.

<i>The Ultimate Experience</i> 1992 compilation album by Jimi Hendrix

The Ultimate Experience is a 1992 compilation album of songs by American musician Jimi Hendrix. It includes 20 tracks spanning his career. The album was among the last to be supervised by interim producer Alan Douglas, before the Hendrix family regained control of his recording legacy. It has gone out-of-print and, in 1997, was replaced by the 20 track compilation Experience Hendrix: The Best of Jimi Hendrix.

Intellectual property assets such as patents are the core of many organizations and transactions related to technology. Licenses and assignments of intellectual property rights are common operations in the technology markets, as well as the use of these types of assets as loan security. These uses give rise to the growing importance of financial valuation of intellectual property, since knowing the economic value of patents is a critical factor in order to define their trading conditions.

Frank Michael Jeffery was an English music business manager of the 1960s who is best known for his management of The Animals and Jimi Hendrix, whom he co-managed for a time with former Animals bassist Chas Chandler. A former associate of noted English pop impresario Don Arden, Jeffery was and remains a controversial figure.

A patent portfolio is a collection of patents owned by a single entity, such as an individual or corporation. The patents may be related or unrelated. Patent applications may also be regarded as included in a patent portfolio.

TP ICAP UK financial services firm

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Legal scholars, economists, activists, policymakers, industries, and trade organizations have held differing views on patents and engaged in contentious debates on the subject. Critical perspectives emerged in the nineteenth century that were especially based on the principles of free trade. Contemporary criticisms have echoed those arguments, claiming that patents block innovation and waste resources that could otherwise be used productively, and also block access to an increasingly important "commons" of enabling technologies, apply a "one size fits all" model to industries with differing needs, that is especially unproductive for industries other than chemicals and pharmaceuticals and especially unproductive for the software industry. Enforcement by patent trolls of poor quality patents has led to criticism of the patent office as well as the system itself. Patents on pharmaceuticals have also been a particular focus of criticism, as the high prices they enable puts life-saving drugs out of reach of many people. Alternatives to patents have been proposed, such Joseph Stiglitz's suggestion of providing "prize money" as a substitute for the lost profits associated with abstaining from the monopoly given by a patent.

eBay has experienced controversy, including cases of fraud, its policy requiring sellers to use PayPal, and concerns over forgeries and intellectual property violations in auction items.

Lewis Roca Rothgerber Christie is a U.S. law firm, with approximately 300 attorneys in ten offices in Arizona, California, Colorado, Nevada, and New Mexico. In 2015, The American Lawyer magazine ranked the firm number 179 in its annual Top 200 U.S. law firms list. Its administrative offices are located in Phoenix, where it is one of the top five law firms in Arizona

Jimmy Norman Musical artist

Jimmy Norman was an American rhythm and blues and jazz musician and a songwriter. In his early career, Norman had a charting single of his own, "I Don't Love You No More ", as well as performing session work with Jimi Hendrix, but he is better known as a lyricist and songwriter. He wrote the expanded lyrics of the song "Time Is on My Side", which became a hit for The Rolling Stones and was later re-recorded and produced by Stephen Vanderbilt featuring "St. Tropez" as the A side of a 45 released from the album Home throughout Europe. Norman composed a number of songs performed by well-known musicians including Johnny Nash and Bob Marley. In 1969 he became involved with doo-wop band The Coasters, first as a producer and then as a touring member. He was also recording independently, releasing a solo album in 1998, the same year poor health forced him to retire from performance. Like many other musicians of his time, he was not financially prepared for retirement or heavy medical bills, and with few royalties for his writing soon found himself in economic crisis. With the assistance of charitable organization Jazz Foundation of America, Norman regained his feet and resumed performing, releasing his first wide-distribution album in 2004, Little Pieces. He performed in the Manhattan area until shortly before his death.

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A royalty fund is a category of private equity fund that specializes in purchasing consistent revenue streams deriving from the payment of royalties. One growing subset of this category is the healthcare royalty fund, in which a private equity fund manager purchases a royalty stream paid by a pharmaceutical company to a patent holder. The patent holder can be another company, an individual inventor, or some sort of institution, such as a research university.

References

  1. James E. Malackowski | Ocean Tomo
  2. "Ocean Tomo" . Retrieved 2008-04-15.
  3. Ocean Tomo IP Auctions
  4. Lattman, Peter (Oct 27, 2006). "Jimi Hendrix Steals the Show At Intellectual Property Auction". Wall Street Journal. Dow Jones & Company. Retrieved 8 July 2014.
  5. "Ocean Tomo". Ocean Tomo. Retrieved 2008-04-15.
  6. State of Delaware, Secretary of State, Division of Corporations. Certificate of Amendment to the Certificate of Formation. Filed 1 April 2011, 4:50PM