ABBYY’s Acquisition of TimelinePI

Dechert LLP advised ABBYY Plc on its cross-border acquisition of TimelinePI Inc.

ABBYY is a global leader in Digital IQ technologies and solutions. ABBYY offers a complete range of AI-based technologies and solutions getting insight from business content and processes. By providing digital transformation solutions to financial services, insurance, transportation, healthcare, and other industries, the company helps organizations achieve the next wave of growth by understanding customers and delivering responsive real-time intelligent systems.

TimelinePI Inc. is a software company that provides a process intelligence platform empowering users to understand, optimize and monitor business processes.

The acquisition of Philadelphia-based TimelinePI consolidates ABBYY’s role as a leader in the digital transformation and emerging process mining markets.

Dechert advised ABBYY with a team led by corporate and securities partner Laura M. Brank (Picture) and associate Allie Misner, with the assistance of associates Cynthia Bien and Carly Robinson. The tax team was led by Joshua Milgrim with assistance from associate Andy Lau, while the employee benefits team was led by partner Eric Rubin with help from associate Michael Binko. Intellectual property input was coordinated by associates Nathan Smith and Richard Pell, and associate Jeffrey Rubin handled labor matters.

Involved fees earner: Cynthia Bien – Dechert; Michael Binko – Dechert; Laura Brank – Dechert; Andy Lau – Dechert; Joshua Milgrim – Dechert; Allie Misner – Dechert; Richard Pell – Dechert; Carly Robinson – Dechert; Jeffrey Rubin – Dechert; Eric Rubin – Dechert; Nathan Smith – Dechert;

Law Firms: Dechert;

Clients: ABBYY;