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OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
A brief introduction to the
impact of open source
software on M&A and
other transactions
Open Source
and
Transactions
BUYER / INVESTORSELLER
2
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This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
Overview
•Types of Open Source Risk
•Types of Transactions
•The Phases
•Planning for the Future
•Due Diligence
•Parts of the Agreement
•The Takeaways
•Open Source 2.0: Strategic
Use in Transactions
•Questions / Comments
3
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This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
We Open Source!
Many reasons to love open source software, among them:
• Collaborative environment
• No re-inventing the wheel
• It’s free (as in “speech” and as in “beer”)!
• Increases interoperability
• Allows for flexibility and customization
• Lets you focus on what you do best
You should be using and contributing to open source projects!
… but there are risks, and whether those risks are real, probable or
perceived, they tend to be amplified and magnified in a transaction
4
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This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
Licensing and
Compliance Risk
• No materiality on breach of contract
• Termination means copyright infringement
Security Risk • Unknowing use of components with vulnerabilities
Business and
Operational Risk
• Competitor products
• Orphaned projects
Remediation Risk • Costs time and money
Recent
Enforcement and
Litigation
• Company vs. company (high-dollar) litigation
• “Copyright trolls”
Types of Open Source Risk
5
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OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
Mergers &
acquisitions
Divestitures
Financings,
including VC/PE
investments
Loans
IPOs
Customer/license
agreements
Rep and warranty
insurance
Types of Transactions
Not just traditional M&A, but all types of transactions
6
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OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
Planning for the Future
Sellers who know what’s in
their code can reduce rep
burden, smooth due diligence,
and maintain valuation
Timing is… everything!
Buyers who know what to
look for can avoid overpaying
and post-closing surprises
and headaches
Get your house in order!
• Learn about open source
• Review your codebase(s)
• Implement policies
• Prepare materials
• Build your deal team
Prepare for battle!
• Learn about open source
• Build your deal team
• Determine your risk
tolerances
• Develop a diligence plan
• Update agreement terms
7
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
Due Diligence Process
Analyze
Plan /
Remediate
Identify
8
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OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
Scheduling reps
• Used to make sure that the
information you are relying
on is true and complete
Substantive reps
• Scales from the basic “no
bad open source” rep to
something much more
involved
Covenants / closing
conditions
• Used to ensure remediation
completion and allow
continuation of diligence
Indemnification /
escrow
• Used to backstop scheduling
and substantive reps and
remediation
Parts of the Agreement
9
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
10
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
Sample agreement language
• Scheduling reps
• Substantive reps
• Covenants and closing conditions
• Indemnification and escrow
COMING ATTRACTIONS
Pre-LOI /
Before the
Next
Transaction
LOI /
Transaction
Kick-Off
Diligence
Requests
Definitive
Agreement
Post-signing
Post-closing
Join us next time for a blow-by-blow discussion of all phases of a transaction
11
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
Macro Impacts:
• Delay
• Signing
• Closing
• Price Uncertainty
• Due to expected cost of
remediation
• Due to estimate of past non-
compliance
• Plus a premium for the
unknown
• Deal certainty
• Due to conditions
• Dependence on third parties
• Kill the deal
• Upset the build vs. buy decision
Diligence/Scheduling Impacts:
• Inability to provide basic materials
requested in diligence and for
schedules
• List of in-licensed software with
license and usage for each item
• Open source policy
• Surprises discovered during
diligence, such as via code scan
• Inability to cleanly make reps
Overall:
• Adds frustration
• Increases costs:
• Additional diligence
• Protracted negotiations
• Being prepared makes transaction
proceed smoothly
• Lower the risk for everyone
Overall Impacts On All Sides of the
Transaction
Identify, quantify and mitigate third party software-related risks!
12
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
Go beyond
compliance
Create
leverage
Control the
diligence
process
Create
concessions
Get better
termsOpen Source
2.0: Strategic
Use in
Transactions
13
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM 13
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
Questions / Comments?
Leon Schwartz
lschwartz@gtclawgroup.com
617.206.3357
: www.linkedin.com/in/leon-schwartz
Anthony Decicco
adecicco@gtclawgroup.com
617.314.7892
14
This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising
OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
THANK YOU

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'A brief introduction to the impact of open source software on M&A and other transactions'

  • 1. 1 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM A brief introduction to the impact of open source software on M&A and other transactions Open Source and Transactions BUYER / INVESTORSELLER
  • 2. 2 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM Overview •Types of Open Source Risk •Types of Transactions •The Phases •Planning for the Future •Due Diligence •Parts of the Agreement •The Takeaways •Open Source 2.0: Strategic Use in Transactions •Questions / Comments
  • 3. 3 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM We Open Source! Many reasons to love open source software, among them: • Collaborative environment • No re-inventing the wheel • It’s free (as in “speech” and as in “beer”)! • Increases interoperability • Allows for flexibility and customization • Lets you focus on what you do best You should be using and contributing to open source projects! … but there are risks, and whether those risks are real, probable or perceived, they tend to be amplified and magnified in a transaction
  • 4. 4 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM Licensing and Compliance Risk • No materiality on breach of contract • Termination means copyright infringement Security Risk • Unknowing use of components with vulnerabilities Business and Operational Risk • Competitor products • Orphaned projects Remediation Risk • Costs time and money Recent Enforcement and Litigation • Company vs. company (high-dollar) litigation • “Copyright trolls” Types of Open Source Risk
  • 5. 5 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM Mergers & acquisitions Divestitures Financings, including VC/PE investments Loans IPOs Customer/license agreements Rep and warranty insurance Types of Transactions Not just traditional M&A, but all types of transactions
  • 6. 6 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM Planning for the Future Sellers who know what’s in their code can reduce rep burden, smooth due diligence, and maintain valuation Timing is… everything! Buyers who know what to look for can avoid overpaying and post-closing surprises and headaches Get your house in order! • Learn about open source • Review your codebase(s) • Implement policies • Prepare materials • Build your deal team Prepare for battle! • Learn about open source • Build your deal team • Determine your risk tolerances • Develop a diligence plan • Update agreement terms
  • 7. 7 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM Due Diligence Process Analyze Plan / Remediate Identify
  • 8. 8 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM Scheduling reps • Used to make sure that the information you are relying on is true and complete Substantive reps • Scales from the basic “no bad open source” rep to something much more involved Covenants / closing conditions • Used to ensure remediation completion and allow continuation of diligence Indemnification / escrow • Used to backstop scheduling and substantive reps and remediation Parts of the Agreement
  • 9. 9 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM
  • 10. 10 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM Sample agreement language • Scheduling reps • Substantive reps • Covenants and closing conditions • Indemnification and escrow COMING ATTRACTIONS Pre-LOI / Before the Next Transaction LOI / Transaction Kick-Off Diligence Requests Definitive Agreement Post-signing Post-closing Join us next time for a blow-by-blow discussion of all phases of a transaction
  • 11. 11 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM Macro Impacts: • Delay • Signing • Closing • Price Uncertainty • Due to expected cost of remediation • Due to estimate of past non- compliance • Plus a premium for the unknown • Deal certainty • Due to conditions • Dependence on third parties • Kill the deal • Upset the build vs. buy decision Diligence/Scheduling Impacts: • Inability to provide basic materials requested in diligence and for schedules • List of in-licensed software with license and usage for each item • Open source policy • Surprises discovered during diligence, such as via code scan • Inability to cleanly make reps Overall: • Adds frustration • Increases costs: • Additional diligence • Protracted negotiations • Being prepared makes transaction proceed smoothly • Lower the risk for everyone Overall Impacts On All Sides of the Transaction Identify, quantify and mitigate third party software-related risks!
  • 12. 12 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM Go beyond compliance Create leverage Control the diligence process Create concessions Get better termsOpen Source 2.0: Strategic Use in Transactions
  • 13. 13 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM 13 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM Questions / Comments? Leon Schwartz lschwartz@gtclawgroup.com 617.206.3357 : www.linkedin.com/in/leon-schwartz Anthony Decicco adecicco@gtclawgroup.com 617.314.7892
  • 14. 14 This material is provided for your convenience and does not constitute legal advice or create an attorney-client relationship. Prior results do not guarantee similar outcomes. Attorney Advertising OPEN SOURCE COMPLIANCE • IP STRATEGY • MERGERS & ACQUISITIONS • BUSINESS & TECHNOLOGY TRANSACTIONS • DATA PRIVACY & SECURITY GTCLAWGROUP.COM THANK YOU