CMS has advised the owners of Austrian data and AI service provider Paso Solutions on its sale to Dataciders. Schneeweiss Weixelbaum advised the buyer.
Jasinski Advises Falcon V Systems on Sale to Vecima Networks
Jasinski has advised Falcon V Systems on its sale to Vecima Networks.
Schoenherr Advises IndieBI on Funding Rounds
Schoenherr has advised IndieBI on raising equity capital through two investment rounds which included undisclosed industry investors.
Turunc and Ulgen Advise on Bogazici Ventures' Follow-on Investment in Fiber Games
Turunc has advised Bogazici Ventures on its follow-on investment in Fiber Games in a round that also saw Arz Portfoy invest. Ulgen advised Fiber Games.
What Should Employers Expect from the EU AI Act?
AI is increasingly revolutionizing the way businesses handle recruitment, hiring, management and employee monitoring etc. AI solutions are already adept at personalizing employee experiences, such as benefits and training, streamlining HR processes throughout the employment lifecycle, boosting efficiency and significantly reducing administrative burdens. Additionally, AI provides critical workforce insights, facilitating data-driven decision-making and management. However, these advancements also bring potential risks related to discrimination, protection of privacy, and other fundamental rights that employers must carefully manage.
Wolf Theiss and DZP Advise on Rewe Digital's IT Center Joint Venture with Amb Software in Poland
Wolf Theiss has advised Rewe Digital on a joint venture with Amb Software to establish an IT center in Zielona Gora, Poland. DZP advised Amb Software.
Karin Pomaizlova Moves Into Solo Practice
Former Taylor Wessing Partner Karin Pomaizlova has left the firm to become a sole practitioner.