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Schoenherr, working with lead counsel Hengeler Mueller and Belgium's Bredin Prat, China's JunHe, Mexico's Galicia Abogados, and Wuersch & Gering in New York, has advised Sweden's Ericsson on its acquisition of Germany's Kathrein SE's antenna and filters division. Noerr and Ziems & Partner acted as lead counsel to Kathrein, assisted by, among others, Eisenberger & Herzog, Freshfields Bruckhaus Deringer, Allen & Overy, and Gleiss Lutz.

“On the business side,” says Freshfields Bruckhaus Deringer Partner Friedrich Jergitsch, when asked what’s happening in Austria, "people are interested in artificial intelligence, data protection, and cyber-issues. These topics are always important to our clients.” Jergitsch says that data protection responsibilities and concerns “reach far beyond the GDPR.” He explains that “it’s an enormous subject in M&A, and M&A-related due diligence, because a lot of the M&A work involves clients purchasing data companies or cyber companies, and of course it’s a common post-M&A dispute topic, as well as a contractual topic, including in finance transactions.”

Dorda and Latham & Watkins have advised private equity fund Triton and ADIA — a wholly-owned subsidiary of the Abu Dhabi Investment Authority — on the acquisition of 100% of IFCO, a unit of Australian Securities Exchange-listed Brambles Limited. Brambles Limited was reportedly advised by Linklaters and Eisenberger & Herzog.

Baker McKenzie has advised the Delachaux Group, which it describes as "the world market leader in rail infrastructure technology," on its acquisition of a majority stake in Upper Austria's Frauscher Sensortechnik from the Greenbriar private equity fund. Kirlkand & Ellis advised the sellers on the deal, which closed on February 28, 2019. Financial details were not disclosed.

Dorda has advised Universal Investment on the acquisition of Euro Plaza 6 from Austrian Kapsch Immobilien, an international road telematics, information technology, and telecommunications company in Vienna.  Pistotnik & Krilyszyn reportedly advised the sellers on the deal.

A specific form of cooperation was introduced in Austria in 2018 and will become effective on January 1, 2019: Upon the taxpayer’s request, an enterprise may opt for a “horizontal monitoring” procedure. This new law was introduced after a pilot project in which internationally renowned enterprises such as Red Bull, Shell Austria, and Infineon Technologies participated (although whether these enterprises will also participate in the new “horizontal monitoring” procedure is not yet known).

On October 29, 2018, leading Austrian law firms Dorda, Eisenberger & Herzog, Herbst Kinsky, PHH, Schoenherr, SCWP Schindhelm, and Wolf Theiss announced their joint launch of the “Legal Tech Hub Vienna”: a non-profit forum for LegalTech companies, start-ups, and other legal market participants to identify innovation potential and work together to implement technological tools appearing ever-more-rapidly on the legal market.

No individual, no business, and no country is immune from the threat of cybercrime. The increasingly successful and complex economies of CEE countries are no exception to this rule. In fact, for both historical and political reasons, CEE is at particular peril.