Background
Ocean Tomo was engaged by a leading global solar panel company to establish the value of multiple emerging solar technology patent portfolios in support of transaction negotiations and planning. The identified technologies, though not yet fully developed, are expected to provide significant advantages over current solar technologies and form the basis of future industry standards. Key features of these technologies include higher efficiency, lower production cost, and ease of recyclability.
Engagement
Ocean Tomo was retained to provide valuations of the solar technologies to support the due diligence and negotiation processes of the client. The valuations involved an analysis of market adoption and the technological advantages and limitations of the subject solar cell designs.
Results
Ocean Tomo’s role as a valuation advisor included multiple workstreams, including financial, industry, and technical review and analysis of the Company’s IP. The Ocean Tomo analyses were key to the company’s negotiation of a fair transaction price for the IP portfolios.