Technology M&A Guide 2025 - Bulgaria

January 2025 Our member firm BOYANOV & Co. has authored the chapter for Bulgaria in the newly published "Technology M&A 2025" guide by the leading global legal directory Chambers and Partners. This comprehensive resource is designed for both businesses and legal professionals seeking insights into the evolving landscape of technology mergers and acquisitions. You may access the chapter for Bulgaria here.

DORA in Action: Insurance and Finance Enhancing Digital Resilience

November 2025 Konstantinos Issaias, Partner, Zaphirenia Theodoraki, Senior Associate, Vasilianna Karakatsani, Associate Kyriakides Georgopoulos Law Firm Introduction With the increasing dominance of digitalization in the operation of Insurance and other financial institutions, Information and Communication Technology (ICT) risk has become integral to their risk profile. It is not strange therefore that it has drawn the attention of international, European and national regulatory authorities with a view to strengthening operational resilience. Nonetheless, divergent legislative frameworks as…

DTB Assisted Digital Realty in the Sale of Cloud Services Business to Databox

November 2025 Our member firm Divjak Topic Bahtijarevic & Krka assisted Digital Realty, the world's largest provider of data center solutions, in the sale of its cloud services business in Croatia to Databox, a leading Croatian provider of cloud and data center services. Dina Salapic, Senior Attorney, led DTB's team, which included Attorneys Barbara Simic, Anella Bukovic and Jure Marovic, and Valeria Kirac, Associate, in supporting Digital Realty on the M&A and commercial aspects of the transaction.

Greece Makes the First Step in Implementation of the AI Act

November 2024 Irene Kyriakides, Partner, Natalia Soulia, Senior Associate, Terpsithea Papanikolaou, Junior Associate Kyriakides Georgopoulos Law Firm The Greek AI governance framework is being gradually shaped. Pursuant to Article 77 (2) of Regulation 2024/1689 (AI Act) the Ministry of Digital Governance published today the list of the national authorities and bodies designated to supervise or enforce the respect for fundamental rights, including the right to non-discrimination, in relation to the high-risk AI systems used for the following purposes: biometrics; law enforcement; migration,…

KALO & ASSOCIATES' Pristina Office Assisted Starlink Establish Business in Kosovo

November 2024 Our member firm KALO & ASSOCIATES has announced that its Pristina office recently assisted Starlink, a globally renowned leader in satellite internet, with the establishment of its business in Kosovo. This partnership represents a significant milestone, marking the arrival of one of the world’s most innovative technology companies in Kosovo. Starlink’s presence will enhance digital connectivity and accelerate the digital transformation of Kosovo, especially benefiting rural communities with reliable, high-speed internet access.

Kyriakides Georgopoulos Law Firm Acted as Greek Legal Advisor to Becton, Dickinson and Company

November 2024 Our member firm, Kyriakides Georgopoulos Law Firm, acted as Greek legal advisor to Becton, Dickinson and Company ("BD"), a leading global medical technology company, in the local acquisition of the Critical Care business of Edwards Lifesciences. This transaction was completed as part of BD’s USD 4.2 billion global acquisition of Edwards Lifesciences' Critical Care product group, a global leader in advanced monitoring solutions. The deal unlocks new opportunities for value creation and enhances BD's portfolio of smart, connected care solutions. The KG Law Firm project team was…

Greek Draft Law Transposing the NIS 2 Directive on Cybersecurity Open for Public Consultation

October 2024 Irene Kyriakides, Partner, Natalia Soulia, Senior Associate, Eleni Kyratzi, Associate, Terpsithea Papanikolaou, Junior Associate Kyriakides Georgopoulos Law Firm On October 19th, 2024, the Ministry of Digital Governance released for public consultation the draft Law transposing into Greek legislation Directive 2022/2555 (NIS2 Directive) on measures for a high common level of cybersecurity across the EU. The proposed draft Law aims to address the gaps identified in the NIS1 Directive, which is repealed by NIS2. More specifically, both the NIS2 Directive and the draft Law apply to…

Kyriakides Georgopoulos Law Firm Advised General Atlantic on a Mandatory Tender Offer to EPSILON NET S.A.

October 2024 KG Law Firm advised General Atlantic, a global growth equity platform, on a mandatory tender offer to “EPSILON NET S.A.”, an IT and digital transformation services group, listed on the Main Market of ATHEX. Following a demanding and complex transactional road map, the tender offer was successfully completed, followed by the exercise of a squeeze-out right that led to the delisting of “EPSILON NET” from ATHEX. KG project team comprised various internal teams to address the needs of the varied workstreams and was led throughout the long process by Konstantinos Vouterakos,…

Turkish Merger Control Regime in Technology Markets: Defining the Limits

September 2024 Neyzar Unubol, Competition Law Counsel, and Esen Cakir, Associate Kolcuoglu Demirkan Kocakli Attorneys at Law Recently, several competition authorities worldwide have increased merger control scrutiny in technology markets. The European Commission encourages national competition authorities to refer to transactions falling below the European Union and national turnover thresholds. The Digital Markets Act, which entered into force in November 2022, obliges large digital platforms (i.e., gatekeepers) to notify the European Commission of mergers or acquisitions regardless of turnover…

Understanding the EU's Artificial Intelligence Act: Key Insights

August 2024 Anisa Tomic, Partner, and Zerina Karahmet, Associate Maric & Co Law Firm On August 1, 2024, the European Union's Artificial Intelligence Act (AI Act) came into force, marking a significant milestone in the regulation of AI technologies. This pioneering regulatory framework is designed to ensure the safe and ethical deployment of AI across the EU, balancing innovation with fundamental rights and safety. At Marić & Co. d.o.o., we recognize the importance of understanding and complying with these regulations as AI continues to revolutionize the way we live and work, from personalized…

Software and IP Protection – Key Considerations

August 2024 Irene Kyriakides, Partner, Niovi Plemmenou, Associate, Apostolos Papachrysos, Associate, and Androniki Papoutsoglou, Junior Associate Kyriakides Georgopoulos Law Firm Introduction In an increasingly technology-oriented society, software has become an invaluable asset for businesses. Companies either develop or simply use software in their day-to-day operations and a familiarity with laws revolving around software and its protection is crucial. Navigating the complex landscape of intellectual property (IP) rights is essential for safeguarding the interests of innovative companies.…

NNDKP Assists Globant with the Merger of two Romanian Subsidiaries

August 2024 NNDKP has recently advised Globant, an IT and software development company present in 33 countries with more than 29,000 employees worldwide, throughout the entire process of merging two Romanian subsidiaries – Pentalog Romania S.R.L. and Pentalog HR Romania S.R.L. The transaction was part of a global reorganization process that Globant designed in order to continue and accelerate its expansion worldwide, including in Romania. NNDKP provided comprehensive legal assistance and strategic legal guidance from a corporate perspective in all stages of the merger, as well as counseling…