ot insights chapter 3
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OT Insights on the Evolving IP Market Chapter 3 "IP Evolution" View the entire video here: www.oceantomo.com/mediaTRANSCRIPT
The Evolving IP Market
HOW DID WE GET HERE?
Chapter 3
How Did We Get Here? IP Evolution
Ocean Tomo
INSIGHTS
IP Historical Evolution
Going Private - Mosaid
Private Equity / Venture Capital Investing
Shareholder Activism – Motorola Mobility
Shareholder Activism - AOL Starboard is an activist who became one of
the largest shareholders of AOL On Feb 24, 2012, Starboard publicly wrote
the Board: AOL owned a robust portfolio of
extremely valuable patents that had gone unrecognized and underutilized
Starboard believed that AOL’s patent portfolio could produce in excess of $1 billion of licensing income if appropriately harvested and monetized
AOL’s inaction … was alarming … the Company’s most valuable patents would expire worthless
On March 13, 2012, CEO Tim Armstrong stated at an investor conference that: “... AOL’s patent portfolio, it’s beachfront property…it’s basically extremely valuable.”
On Apr 9, 2012, AOL announced the sale of its patent portfolio to Microsoft for $1.056 billion in cash.
Shareholder Activism - AOL
We cannot find one instance prior to our February 2012 letter in which Mr. Armstrong had ever publicly made reference to, or
commented on, AOL’s valuable patent portfolio. – Starboard Value L.P., May 25, 2012.
IP Event Trading - Litigation
Strategy Parties Situation Status
IP Litigation Outcomes
VHC v. AAPL, et al
VHC is for patent infringement
On April 25, 2012, Judge Davis issued a preliminary Markman order signaling
VHC has a strong case.
Ocean Tomo Insights
Ocean Tomo Insights
Ocean Tomo
INSIGHTS
The Evolving IP Market…to be Continued
Ocean Tomo Insights
Ocean Tomo Insights
Ocean Tomo
INSIGHTSJames E. MalackowskiPresident & CEOOcean Tomo, [email protected]@jmalackowski
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