AVELLUM acts as Ukrainian legal counsel to Stellantis on the acquisition of AI technologies and IP of CloudMade

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AVELLUM acts as Ukrainian legal counsel to Stellantis on the acquisition of AI technologies and IP of CloudMade

AVELLUM acted as Ukrainian legal counsel to Stellantis N.V., a multinational automotive manufacturing corporation, in connection with acquiring the artificial intelligence framework, machine learning models and intellectual property rights and patents of CloudMade, a developer of smart and innovative big data-driven automotive solutions.

CloudMade’s software technology will support Stellantis’ strategy of developing intelligent mobility products and enhancing the overall customer experience with personalised features.

Our team advised on all Ukrainian law matters related to the transaction. Linklaters acted as the lead legal counsel representing Stellantis in this asset deal. For transaction details, please refer to the company’s press release at the following link.

Managing partner Mykola Stetsenko led the AVELLUM team with support from managing associate Oleksandr Kozhukhar and associate Olha Rudevych.

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