CHICAGO, Sept. 3, 2020 /PRNewswire-PRWeb/ — Ocean Tomo Transactions, LLC will auction a portfolio of 13 patents and patent applications for unique methods and systems of Intelligent Displays in Moving Vehicles from MassMutual. Ocean Tomo Bid-Ask™ Market, auction lot 119, offered by MassMutual provides for systems and methods to modify the electronic display of a vehicle or electronic devices within the vehicle, when the vehicle is moving faster that a predetermined threshold and if the driver’s eye gaze is directed toward an electronic device instead of the road. The methods and system embodied in this portfolio can also detect if the vehicle is involved in an accident and notify first responders.
While all patent and application rights are currently held by MassMutual, this portfolio is specifically beneficial for automotive manufacturers, display system manufacturers, advertisers, and first responders.
To request bidder credentials or further information on this auction or other portfolios on the Ocean Tomo Bid-Ask™ Market, contact Olivia Becker at oliviabecker@oceantomo.com or +1 747 277 9337.
About Ocean Tomo Transactions
Ocean Tomo Transactions, LLC works closely with technology owners and corporations seeking to conduct M&A of high-value Intellectual Property (IP) driven businesses, patent portfolios or proprietary technology solutions. Our transaction advisory services have resulted in more than $750 Million in IP value realization. We have advised on IP engagements totaling over $10 Billion.
The firm’s transaction track record, industry experience, and brand recognition are unique in the IP industry. The Ocean Tomo Transactions team is unique in its ability to integrate experts from each of Ocean Tomo’s business units, leveraging our leading technologists, IP appraisers, intellectual property damage expert witnesses and IP-focused investment bankers, to devise and execute complex IP driven transactions. Each assignment benefits from lessons learned through a continually updated, best‐in‐class, cross‐business unit approach.
Whether selling a business unit or IP, the Ocean Tomo Transactions team brings a purpose‐built continuum of proven solutions to monetize client’s corporate assets, with a particular focus on IP-driven transactions involving patent, trademark, copyright, trade secret and domain intellectual property, other intangible assets, and related technology. Our pioneering market platforms, premiere decades-built IP network and regular market engagement across transaction types and industries shortens the transaction cycle time for clients.
Ocean Tomo subsidiary, Ocean Tomo Investment Group, (Member, FINRA: CRD#: 172912/SEC#: 8- 69526), advises companies looking for non-traditional ways to approach their structural, capital, and strategic issues. Our focus includes Mergers & Acquisitions, Spin-Offs, Change of Control, and Leveraged Buyout transactions. We help companies access capital deploying IP-centric strategies for asset-based lending, debt and equity financing, revenue factoring, and others.
About Ocean Tomo Bid-Ask™ Market
The Ocean Tomo Bid-Ask Market is an open on-line platform to buy and sell patents. This market is an important step forward, both as a simplified solution for patent transactions as well as a source of information on patent pricing. The Ocean Tomo Bid-Ask Market uniquely combines the efficiency of an online platform with an experienced team of brokers fluent in both English and Mandarin. The market uses standard transaction documents and is open, transparent, and free to view.
SOURCE Ocean Tomo