Wolf Theiss, working with Ropes & Gray, has advised IT services company Virtusa on its acquisition of Bulgarian digital innovation, automation, and seamless integration specialist Bright Consulting.

BPV Huegel has advised AI researcher Josef Hochreiter on founding the NXAI company together with Netural X and the Pierer Digital Holding. Oberhammer Rechtsanwaelte reportedly advised the other JV partners.

Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki has advised lead investor Dutch Founders Fund and 212 VC on their recent investment in Getmobil.

Radu Taracila Padurari Retevoescu has advised Arobs Transilvania Software on the acquisition of Infobest Romania from founders Yvonne Abstoss-Becker and Christian Becker. Filip & Company, working with PPR & Partner Pape Rauh, advised the sellers.

SSK&W has advised Atmos Ventures and Inventures on their investment in Edrone. Lawsome reportedly advised Inventures as well.

Nowadays, one can hear a lot about generative artificial intelligence ("Generative AI"), which can be used to create different types of content (e.g., text, images, software source code) in an automated way by giving simple instructions (so-called "prompts"). Companies may reasonably ask whether it is worth investing, at this point, in software using Generative AI; however, the current Hungarian legislative environment does not provide answers to this question, which could clearly provide guidance in all cases, on a general basis. For this reason, the legal implications of each investment (be it either procurement or "in-house" development) need to be examined on a case-by-case basis.