Legal Blog

M&A Nugget: Artificial Intelligence – It’s Real

Last week’s M&A Nugget discussed how Big Data analytics can be used to predict and foster the success of a business acquisition.  Artificial Intelligence is increasingly being used to capture and analyze Big Data.  Artificial Intelligence (AI) generally means the capacity of a machine (computer) to perform tasks normally performed by humans.  The use of AI has objective and subjective benefits.  First, AI systems can process huge volumes of contracts and data faster than people.  Second, AI systems remove emotional bias from the decision making process.  The huge benefits of AI are evident in the M&A industry – the acquisition of AI companies has increased at a dramatic pace since 2015 including by the likes of Google, Apple, Ford and Samsung.  This is not to say that AI is the be all and end all, as the opportunity to personally interact with and judge the target company and its owners and employees is valuable.

 

 

 

If you have any questions about this or any other M&A issue,
please contact Glenn Solomon

 

ABOUT GLENN D. SOLOMON

gsolomon@offitkurman.com | 443-738-1522

Glenn D. Solomon is a principal at Offit Kurman and has provided counsel to businesses and business owners for more than twenty-five years. He has extensive experience in the purchase and sale of businesses, structuring ownership agreements, and advising companies in financial distress.

 

 

 

 

 

 

 

ABOUT OFFIT KURMAN

Offit Kurman is one of the fastest-growing, full-service law firms in the Mid-Atlantic region. With over 130 attorneys offering a comprehensive range of services in virtually every legal category, the firm is well positioned to meet the needs of dynamic businesses and the people who own and operate them. Our ten offices serve individual and corporate clients in the Maryland, Delaware, New Jersey, and Northern Virginia markets, as well as the Washington DC, Baltimore, Philadelphia, and New York City metropolitan areas. At Offit Kurman, we are our clients’ most trusted legal advisors, professionals who help maximize and protect business value and personal wealth. In every interaction, we consistently maintain our clients’ confidence by remaining focused on furthering their objectives and achieving their goals in an efficient manner. Trust, knowledge, confidence—in a partner, that’s perfect.

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