Glovematic Pty Ltd Retains Ocean Tomo to Divest Automatic Glove Application System Intellectual Property
Unique intellectual property acquisition opportunity for no touch and on demand disposable glove dispensing and application system represented by Ocean Tomo Transactions.
CHICAGO, Aug. 5, 2020 /PRNewswire-PRWeb/ -- Ocean Tomo Transactions, LLC is representing Glovematic Pty. Ltd. in the divestiture of 22 patent assets, including 13 open applications, across three families. The patent portfolio discloses novel technology for an Automatic Glove Application System, disposable glove and dispensing cartridge, facilitating no touch and on demand disposable gloves applicable to both short use polyethylene gloves and nitrile, polyurethane, and latex gloves.
This acquisition opportunity aligns well with the strategic vision of disposable glove companies looking to differentiate their product by providing contact-less disposable glove dispensing. The portfolio provides an opportunity for the acquirer to create new revenue streams around the dispensing device or to utilize the device to garner greater market share among disposable glove users.
An unencumbered portfolio with coverage across eight key jurisdictions and more than half of the portfolio open applications, this acquisition opportunity is uniquely suited to optimize commercial success.
For further information on this unique intellectual property acquisition opportunity, please contact Olivia Becker at [email protected] or visit Automatic Glove Application Intellectual Property.
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.
SOURCE Ocean Tomo
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