Databricks’ Acquisition of 8080 Labs

Dentons has advised the shareholders of 8080 Labs GmbH on the deal. Taylor Wessing advised Databricks.

US-based technology unicorn Databricks completed the acquisition of all shares of 8080 Labs GmbH. The parties have agreed not to disclose the purchase price.

Frankfurt-based software startup 8080 Labs is best known for its Bamboolib application, which enables software developers to quickly and easily analyze and process large amounts of data without having to write program code. 8080 Labs offers both a free community edition of the program and a paid pro edition with additional features for enterprise customers. 

Databricks is one of the highest valued unicorn companies in the US, with a valuation of US$38 billion following its US$1.6 billion Series H funding round in August 2021. Databricks specializes in big data and artificial intelligence (AI) solutions for enterprises. Headquartered in San Francisco, it has offices around the globe and serves more than 5,000 corporate clients worldwide, including more than 40 percent of the Fortune 500 companies. As part of the acquisition, Databricks plans to integrate Bamboolib’s capabilities into its platform, expanding its own “low-code/no-code” capabilities that do not require programming skills from users.

The Dentons team (Frankfurt/Munich) included Dr. Gesine von der Groeben (Partner; Picture), Hilke Schmitt (Counsel, both Corporate/M&A, both Frankfurt), Richard Fagerer (Partner, US Corporate, Munich), Thomas Voss (Partner, Tax), Frank Lenzen (Partner, Employment), Nadine Neumeier (Counsel, IP&IT, all Frankfurt).

Taylor Wessing: Lead Alexander Roth (Corporate, Silicon Valley), Dr. Christian Maron (Employment, Munich), Tobias Schelinski (IP/IT, Hamburg), Dr. Bert Kimpel (Tax, Düsseldorf), Dr. Daniel Schrembs, LL.M. (Duke University) (Corporate, Munich), Anneliese Hartlaub, LL.M. (IP/IT, Hamburg) Dr. Phillip Weiten (Tax), Dr. Benedikt Groh (Employment), and Fritz Krings (Corporate), all Munich
 

Involved fees earner: Richard Fagerer – Dentons; Frank Lenzen – Dentons; Nadine Neumeier – Dentons; Hilke Schmitt – Dentons; Gesine von der Groeben – Dentons; Thomas Voss – Dentons; Benedikt Groh – Taylor Wessing; Anneliese Hartlaub – Taylor Wessing; Bert Kimpel – Taylor Wessing; Fritz Krings – Taylor Wessing; Christian Maron – Taylor Wessing; Alexander Roth – Taylor Wessing; Tobias Schelinski – Taylor Wessing; Daniel Schrembs – Taylor Wessing; Phillip Weiten – Taylor Wessing;

Law Firms: Dentons; Taylor Wessing;

Clients: 8080 Labs; Databricks Inc.;