Head of transactions at Ocean Tomo resigns 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 before an announcement that the economic crisis has forced the firm to make a series of changes. 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.