The technology and innovation sector develops, produces, and applies technology-based products, services, and processes. This sector comprises a wide range of businesses, from startups to large multinational corporations, all involved in different aspects of technology, such as software development, hardware manufacturing, telecommunications, biotechnology, and nanotechnology.
The technology and innovation sector is a key driver of economic growth and innovation, as it has significant impact on numerous industries and sectors.
This industry is also characterized by rapid change, with new products and services emerging constantly.
Legal issues in the technology and innovation sector include intellectual property protection, licensing, regulatory compliance, data privacy, cybersecurity, and dispute resolution. Law firms providing services to this sector assist clients with issues such as patent and trademark applications, licensing agreements, data protection compliance, software development agreements, and venture capital financing.
The startup sector is a subset of the technology and innovation industry, focused on newly established companies with high growth potential. Startups often face unique legal challenges, such as securing funding, protecting intellectual property, developing business plans, and navigating regulatory compliance. Law firms assist startups with issues such as formation and structuring, seed and venture capital financing, intellectual property protection, employment law, as well as mergers and acquisitions.
Oppenheim provides comprehensive legal services to clients in the technology industry. Our experienced attorneys understand the unique challenges that technology companies face, so we provide practical legal solutions to help
our clients navigate the complex legal landscape.
Our practice combines legal expertise with practical business experience so clients achieve their objectives in the technology industry. We work alongside our clients to understand their unique challenges in order to provide customized legal solutions to meet their needs. We understand the importance of innovation and its crucial role in the technology industry, and we are committed to helping our clients protect and monetize their innovations.
Oppenheim has provided legal advice to the Hungarian artificial intelligence centre of a multinational automotive parts manufacturing group on to the regulatory requirements applicable to advanced driver-assistance systems. Further, we have advised a multinational automotive parts manufacturing group on setting up its Hungarian subsidiary, which focuses on the autonomous mobility business, and assisting this client with the legal carve-out of the autonomous business unit and other activities from the Hungarian assets
and activities of the overall group.