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POELLATH advises the shareholders of ownCloud on merger with Kiteworks

Kiteworks, headquartered in Silicon Valley and provider of privacy and compliance solutions for communicating sensitive content via Private Content Networks (PCN), has announced that it has entered into a definitive agreement to merge with ownCloud.

ownCloud is one of the European market leading providers for secure and compliant file sharing and collaboration. The merger gives Kiteworks direct access to ownCloud’s rapidly growing European customer base, which focuses on the DACH market and covers numerous industries. In turn, ownCloud’s customers and partners can now access Kiteworks’ advanced security and compliance features.

ownCloud develops and distributes open-source software for content collaboration that enables teams to seamlessly share and edit files regardless of device or location. According to the company, more than 200 million users worldwide use ownCloud as an alternative to public clouds. The company was founded in 2010 and is based in Nuremberg.

POELLATH provided comprehensive legal advice to the shareholders of ownCloud, a group of investors led by CEO Tobias Gerlinger, with the following team:

On matters of English law, POELLATH was cooperating with Macfarlanes LLP, London (Alex Edmondson and Alice Temkin).

Monika Goede
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