Leading provider of digital business applications, Software AG, has acquired Belgian industrial analytics company TrendMiner NV.
Software AG continues to expand its technology portfolio in the Internet of Things with TrendMiner. Clifford Chance has been advising Software AG as a preferred provider for many years.
TrendMiner was founded in 2008 as a spin-off of K.U. Leuven University in Belgium. The Hasselt-based company specializes in visual data analysis, primarily in the oil and gas, life sciences and manufacturing industries, working for global market leaders such as Total, BASF, Evonik, Covestro and Pfizer.
In addition to the Belgian parent company TrendMiner NV, Software AG also takes over subsidiaries of TrendMiner NV in the USA, the Netherlands and Germany.
In-house at Software AG the transaction was supervised by Anna-Katharina Winkler (Corporate Counsel, lead) and Steffen Diringer (Corporate Counsel) and Benno Quade (General Counsel).
Clifford Chance has advised Software AG on the deal with a team led by partner Christof-Ulrich Goldschmidt (picture), assisted by senior associate Margret Bootz-Hagen, senior associate Susanne Werry (all Frankfurt), associate Konstantin Heilmann (Munich), Rouven Reuter (Transaction Lawyer, Frankfurt) (all Corporate/M&A), partner Olaf Mertgen (Tax), counsel Alexander Cappel (Compliance), senior associate Florian Reiling and associate Nicolas Hohn-Hein (both IP, Düsseldorf) as well as partner Xavier Remy, counsel Gert Cuppens (both Employment), associate Pauline Riga (Banking and Capital Markets), associate Stijn Van Walleghem and associate Pierre-Oliver van Caubergh (both taxes) (all Brussels).
Involved fees earner: Christof-Ulrich Goldschmidt – Clifford Chance; Margret Bootz – Clifford Chance; Susanne Werry – Clifford Chance; Konstantin Heilmann – Clifford Chance; Olaf Mertgen – Clifford Chance; Stijn Van Walleghem – Clifford Chance; Pierre-Olivier van Caubergh – Clifford Chance; Alexander Cappel – Clifford Chance; Florian Reiling – Clifford Chance; Nicolas Hohn-Hein – Clifford Chance; Pauline Riga – Clifford Chance; Xavier Remy – Clifford Chance; Gert Cuppens – Clifford Chance;
Law Firms: Clifford Chance;
Clients: Software AG;