Ocean Tomo Welcomes New Experts to Enhance IP Strategy
Global consulting firm J.S. Held is proud to announce the expansion of its intellectual property (IP) practice at Ocean Tomo with the addition of seasoned experts David Kennedy and Larry Tedesco. These two renowned professionals bring a wealth of experience in intellectual property valuation and strategy, strengthening Ocean Tomo's commitment to offering top-tier services in the field.
David Kennedy: An IP Valuation Expert
David Kennedy, a Certified Public Accountant (CPA), is recognized for his extensive expertise in the valuation of intellectual property and the economic dynamics associated with patent sales and licensing agreements. Over the past eleven years, he has been celebrated as one of the World's Leading IP Strategists by Intellectual Asset Management (IAM).
Extensive Experience in IP Management
Mr. Kennedy has a robust history of buying and selling patent portfolios and negotiating license agreements. He has aided clients in establishing royalty rates for both individual patents and substantial portfolios, focusing on core technologies and standard essential patents. Additionally, he has been involved in forensic consulting for litigation, serving as an expert witness on multiple occasions.
Key Contributions to the Field
His comprehensive IP experience includes:
- 35 years as a CPA, with a focus on auditing, litigation support, and asset valuation.
- Negotiate and advise in over 200 IP-related transactions, including sales and licenses.
- Analyze thousands of patent licensing agreements for effective royalty rates.
After starting his career with Coopers & Lybrand (now PWC), David has significantly contributed to the field by investing in and facilitating venture capital for IP-driven enterprises.
Larry Tedesco: Expert in Licensing and Damages
Larry Tedesco, a Certified Valuation Analyst (CVA), Certified Licensing Professional (CLP), and Master Analyst in Financial Forensics (MAFF), is another top-tier addition to Ocean Tomo. Like Mr. Kennedy, he has been acknowledged by IAM as one of the World's Leading IP Strategists and brings over 20 years of practical experience in intellectual property development, valuation, and licensing.
Expertise in Litigation and Damages Evaluation
Mr. Tedesco's career is marked by his proficiency in assessing damages in IP-related disputes, such as determining reasonable royalties and analyzing complex licensing agreements. His insights have benefited numerous clients in both plaintiff and defendant roles across various IP disputes.
Significant Achievements in IP Transactions
His credentials include:
- More than 20 years managing IP development and valuation.
- Success in negotiating over 200 intellectual property transactions.
- Utilizing a thorough understanding of economic damage calculations in litigation.
In addition, he has frequently determined FRAND royalty rates for essential patents in key technologies including telecommunications and medical devices.
A Synergy of Expertise
With Kennedy and Tedesco joining Ocean Tomo, the team now comprises a diverse array of professionals, including accountants, financiers, scientists, and engineers. This multidisciplinary approach ensures that clients receive comprehensive financial and technical services related to intangible assets.
Commitment to Intellectual Property Excellence
Ocean Tomo's commitment to providing exceptional services in the realm of intellectual property remains unmatched. The firm utilizes extensive experience valuing IP in rigorous environments, including state and federal courts and the U.S. Patent and Trademark Office. This extensive background enhances Ocean Tomo's capabilities in understanding and leveraging intellectual property.
Frequently Asked Questions
What is Ocean Tomo's focus?
Ocean Tomo primarily focuses on intellectual property, offering expert services in valuation, licensing, and related financial matters.
Who are the new experts joining Ocean Tomo?
David Kennedy and Larry Tedesco, both recognized leaders in IP strategy and valuation, are the new additions to the team.
What experience do David Kennedy and Larry Tedesco bring?
Both experts bring decades of experience in managing, valuing, and negotiating intellectual property transactions.
How does Ocean Tomo support its clients?
Ocean Tomo assists clients through extensive litigation analysis, expert testimony, and comprehensive economic evaluations related to IP.
What services does Ocean Tomo offer?
The firm provides a full suite of services including financial testimony, strategic consulting, IP valuation, and transaction brokerage.
