Intellectual Property Issues in Mergers and Acquisitions
Camelia Gardot, Senior Legal Counsel, Airbus, France
Intellectual Property Rights (IPR), whatever the form (patents, trademarks, copyrights, software designs, know-how, trade secrets, domain names etc.), are key assets of a company which substantiate its unique expertise, commercial leadership or notoriety on the market.
In the context of a business sale/purchase transaction, the IPR is usually accounted for in the enterprise value and sometimes, can represent the core of the enterprise value and main rationale for a business acquisition, especially when exclusive rights to innovative or single source technologies are at stake.
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