BEITEN BURKHARDT Advises Breed Reply on the Acquisition of a Holding in ubirch GmbH
The international law firm BEITEN BURKHARDT has advised Breed Reply, a leading early-stage investor in IoT1 companies on the acquisition of a holding in the German ubirch GmbH. The parties have agreed not to disclose the transaction volume.
With the acquired holding in ubirch and the simultaneous involvement in another IoT company in Norway Breed Reply further expands its Europe-wide commitment. Its portfolio of early-stage IoT companies now comprises 22 enterprises engaged in the most varied sectors. It is the first German holding of Breed Reply.