Head of transactions at Ocean Tomo resigns
03 March 2009
Eileen McDermott, New York
Andrew Ramer, the former managing director of the transactions practice at Ocean Tomo, has left the IP merchant banc
Ramer’s departure came just a few days prior to an announcement that the economic crisis has forced the firm to make a series of changes. However, Ocean Tomo chief executive, Jim Malackowski, told Managing IP the timing was merely “coincidental”:
“It should surprise no one that corporations are very likely to have reduced budgets for patent acquisition, especially overseas”, said Malackowski. For this reason, the team has decided to cancel...
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