Our deep bench of experienced technology transaction lawyers represents a wide variety of technology-based companies, ranging from a Fortune 500 enterprise that provides technology products and services to the banking and financial industries, to startups offering novel technology in the health care sector, to a software licensor whose proprietary commercial products are widely used throughout the residential construction industry. Representation of technology vendors includes mergers and acquisitions up to $1 billion in value, strategic joint ventures (both domestic and international) and the purchase and sale of software licenses and cloud-based products and services.
From the technology user’s point of view, our experience with and understanding of the technology vendor’s business and perspective is invaluable. IT spending growth has outpaced general economic growth and continues to be valued in the trillions of dollars annually. Given the growing mobile workforce and mounting security concerns, companies across industries are considering new investments in IT infrastructure. All too often, those investments lead to serious ramifications and missed opportunities for advantageous agreements. Armstrong Teasdale’s Technology Transactions practice routinely helps companies negotiate technology contracts to strategically shift risk and give clients peace of mind.
Our attorneys understand that not all technology transactions are equal. Technology contracts come with additional liability versus other traditional goods, and typically, service providers and vendors are quick to allocate risk to the purchaser. Whether it’s a Software as a Service (SaaS) subscription or a software license, a new enterprise implementation or an outsourced development, we have a deep understanding of how technology functions in various system environments, which helps us identify problems that may not be readily apparent. We have an intimate understanding of the technology and economic ecosystems in which our clients operate. As a result, we add value not only in crafting and negotiating commercial agreements driven by technology, but also in supporting clients in their analysis of business terms and offering helpful insight into what we see as standard and emerging in the marketplace.
Our technology attorneys are supported by attorneys across disciplines, including Certified Ethical Hackers (C|EH) and Certified Information Privacy Professionals (CIPP/US and CIPP/E) experienced with matters involving both U.S. and international privacy and data security laws. They work closely with our technology transactions attorneys to develop and implement strategies to allow our clients the flexibility to utilize customer data in meaningful ways, while managing risks. As clients encounter new marketplace opportunities, we routinely provide counsel regarding strategies to effectively transfer and manage personal information in compliance with global laws and regulations, including the General Data Protection Regulation (GDPR).
We have the resources to handle every aspect of a complex technology transaction in a well-coordinated manner that leverages the collective experience of the firm. This enables us to easily customize technology transactions to accommodate each client’s unique business and regulatory requirements, looking not only at the current state of the business, but also the future. From ideation to implementation, our attorneys take a holistic approach in negotiating favorable deal terms that protect our clients’ businesses. We consider a number of key factors, including functionality, uptime, security, privacy, confidential business data and integration of cloud-based technology and services with server-based operating systems.
The firm's technology transaction team serves as an invaluable asset in transactions where technology is a core asset. Technology continues to drive acquisitions, as companies seek scale and market presence. When clients undertake transactions, our technology transaction team takes a practical, proactive approach to identifying and resolving key issues. Our team is skilled at understanding a target company's value and vulnerabilities from a commercial, technology and intellectual property perspective, and has the depth of experience to handle acquisitions of technology assets, along with spinout and other complex transactions related to technology.