Technology Acquisitions & Diligence Concerns

Carrie LeRoy and Charles Walker of the lawfirm Gibson Dunn discuss key takeaways from a bulletin they published on the Gibson Dunn website titled M&A Report: Top Technology Sector-Specific Legal Diligence Concerns in Acquisitions. They discussed the pitfalls that exist for technology acquisitions from intellectual property ownership to cyber security to bribery and corruption risks from third parties. Below is a link to the bulletin as well as links to their bios on the Gibson Dunn website to get in touch.

Gibson Dunn Bulletin

Carrie LeRoy Bio

Charles Walker Bio

Chapters

• 1:00 The dangers in taking the legal due diligence process lightly
• 3:30 Intellectual property ownership issues that can arise if a founder is also affiliated with a university
• 4:26 The importance of background checks in identifying risks that are the tip of the iceberg
• 6:46 How background checks can help uncover past issues in a founder’s track record that could be indicative of future risks
• 11:37 Why it is a mistake to think that tech is not a high-risk industry when it comes to corruption and bribery risk
• 14:30 The importance of companies being upfront and transparent about any past risk events and remediation efforts ahead of a transaction
• 16:30 How valuation is tied to a company’s ability to demonstrate that it is committed to compliance