For a mergers and acquisitions (“M&A“) transaction to be successful, it is crucial to perform the appropriate legal due diligence. Where technology companies and/or intangible assets are involved in an M&A transaction, existing due diligence practices should be reassessed and tailored to take into consideration (i) the unique business models of technology companies; (ii) legal issues arising out of creation and commercialisation of intangible assets; and (iii) technical issues arising from laws on personal data protection and cybersecurity.
In addressing this issue, Benjamin Cheong (Deputy Head) and Keith Wong (Associate) of Rajah & Tann Singapore’s Technology, Media & Telecommunications Practice have authored an article titled “Legal Due Diligence in a Digital and Data-Driven Economy”. The article considers the impact of the following areas on legal due diligence:
- Singapore’s Personal Data Protection Act 2012 (PDPA); and
- The importance of managing intangible assets
The article was published in the Singapore Academy of Law (SAL) Practitioner, a practice-oriented journal that features articles, comments, case notes, and legislative updates which are pertinent to the practice of law. To read the article in full, please click here.