Gleiss Lutz advises Infineon Technologies on the acquisition of AI start up Industrial Analytics
A Gleiss Lutz team has advised Infineon Technologies AG on the acquisition of 100 per cent of the shares in the Berlin-based AI start-up Industrial Analytics. Infineon is thus strengthening its software and service business in the field of applying artificial intelligence for the predictive analysis of machines and industrial plants. Industrial Analytics' AI solutions not only evaluate data for predictive maintenance, but also provide recommendations for action (prescriptive maintenance).
The following Gleiss Lutz team acted for Infineon Technologies: Dr Ralf Morshäuser (partner), Dr Tobias Falkner (counsel, both lead, Munich), Dr Patrick Mossler (partner, Hamburg), Dr Julius Scheifele, Dr Markus Braun, Maximilian Imre (all Munich, all M&A), Dr Alexander Molle (partner), Jan Hinrichs (both IP/IT), Dr Stefan Mayer (partner), Dr. Dominik Monz (both Tax, Frankfurt), Dr Rut Steinhauser (Partner), Josefine Chakrabarti (both Berlin), Julian Henning Glau (Hamburg, all Labour Law), Dr Jacob von Andreae (Partner), Matthias Hahn (both Public Commercial Law), Konrad Discher (Counsel, Real Estate, Frankfurt).
Inhouse, Michael Steinbach (M&A) and Yu-Ri Kim (IP) have handled the transaction.