Ocean Tomo Serves as Transaction Advisor to BASF on OLED Intellectual Property Assets Sale

Ocean Tomo Investment Group is proud to recognize the successful closing of the BASF-SE OLED patent portfolio by our parent company, Ocean Tomo LLC. This $96 million transaction between BASF SE and the wholly-owned subsidiary of Universal Display Corporation, UDC Ireland Ltd, was comprised on 86 patent families. The patents represented 15 years of research and development by BASF in phosphorescent materials and technologies.

Author: Kristi L. Stathis