Leading global law firm Baker McKenzie has advised Atos on its acquisition of Ipsotek, a leading AI enhanced video analytics software provider. With this acquisition, Atos, already a major player in Edge AI/ML and more specifically Edge Vision, will strategically reinforce its leading position in Edge and Computer Vision by adding key software capabilities and IP to its solutions portfolio.

Operating in 71 countries, Atos is the global leader in secure and decarbonized digital with a range of market-leading digital solutions along with consultancy services, digital security and decarbonization offerings; an end-to-end partnership approach. Its goal is to ensure that everyone can live, work and thrive sustainably in a secure information space.

David Hart, corporate partner at Baker McKenzie in London commented, “We are delighted to advise Atos on its acquisition of Ipsotek, and play a role in supporting their strategic vision for the business. The transaction is the latest example of the long-term partnership in supporting Atos across the EMEA region.”

The Baker McKenzie team was led by David Hart and supported by associates Claire Guthrie and Naomi Inns (all London).

Alongside the Ipsotek deal, the Baker McKenzie Corporate Team in Germany - led by M&A partner Florian Kästle in Frankfurt - advised Atos in parallel on the acquisition of cryptovision, a leading provider of advanced cryptography and secure digital identity solutions.

This transaction is the latest example of the Baker McKenzie technology M&A team advising on large acquisitions. In recent months, the team have advised Siemens on the acquisition of a pioneering UK-based technology start-up; advised Tencent on its Series B investment into Oxbotica, the UK-based autonomous vehicle software company; and advised Avanade on its acquisition of a company in the data performance and artificial intelligence solutions space.

The deal was announced April 20, 2021 and is anticipated to close in Q2 2021
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