Engagement
Metis Partners was appointed by Kreston Reeves to market and sell the IP assets of OysterWorld.
Company
OysterWorld was an innovative, independent games developer, focused on creating HOPA games including Pooka: Magic and Mischief. The game was originally targeted at those aged 7 and over. The Company also created HOPA games, using literary works to create brand recognition, such as The Great Gatsby and Dr Who.
IP Assets Sold
- Proprietary software & code
- HOPA technology
- Key organizational knowledge
- Goodwill in brand & reputation
- Registered domains
Highlight of this IP Sale
This assignment was high-profile with coverage of the Company’s Liquidation broadcast by BBC News. It was important we adopt a commercially discrete and sensitive approach in our marketing of these IP assets. Despite the Company being in the pre-commercialization stage, we secured a successful sale ensuring the value in this innovative IP was preserved.