Assisted in acquisition of company engaged in development of AI-based software and applications for business

Our Corporate and M&A team lawyers led transaction of acquisition of software and automatization solutions company DATA DOG.

The team was involved and leading in all stages of the transaction, starting from more than a few stages of negotiations, drafting of transaction documentation and ending with a successful closing. In addition, the team also supervised the implementation of conditions precedent to completion of the acquisition.

Since the transaction, the target becomes an integrated part of Satalia brand companies. Satalia team of programmers, data scientists, product managers, and other employees highly increases in numbers after the transaction in London, Kaunas and other cities of Europe. A representative of Satalia confirms that they see Lithuania not only as a center of fintech or laser technologies but also as an AI center.