Cascades Announces Sale of Universal Arbor for Oscillating Power Tools Portfolio
Cascades Ventures is pleased to announce a sale of the Universal Arbor for Oscillating Power Tools patent portfolio to Universal Arbor LLC. Major tool manufacturers each have proprietary versions of an oscillating power tool with distinctive drive flanges. This technology covers a universal arbor for an oscillating tool attachment that enable any attachment to connect to any oscillating tool offered by the major tool manufacturers. The portfolio includes one issued US patent and two pending applications. Terms of the deal are confidential.
About Cherif Morcos. Cherif Morcos is a contractor with over 20 years of carpentry experience. After realizing the high costs of replacement blades for use with his own oscillating tools, Cherif decided to make and start selling his own blades, which he called Piranha Blades. Soon after, Cherif created the original Universal Arbor design, which allows a single blade to fit oscillating power tools' receptacles from all the major manufacturers.
About Cascades Ventures. Cascades Ventures is a leading patent brokerage and enforcement firm with over twenty years of experience monetizing patents. For more information, visit https://cascadesventures.com.
To view all of our patent portfolios currently on offer, visit https://cascadesventures.com/portfolios.