Artificial intelligence, although still in its infancy, is continuing to evolve rapidly and proving to be one of the most dynamic and transformative technologies of our time. As AI technologies continue to develop, so too does the number of number of AI businesses. The number of new AI companies created in the U.S. alone has grown 75% each year between 2014 and 2017, with a huge spike in 2023. With the investment of billions of dollars by Big Tech in AI, more investors and acquirers are increasingly turning their attention to AI businesses.
A Womble Bond Dickinson team led by Alex Park and Dean Rutley successfully guided firm client Germane Systems through several complex issues to close its $45 million acquisition by publicly traded Mercury Systems.
As one of the D.C. area’s leading M&A lawyers, Womble Bond Dickinson’s Dean Rutley knows a company’s CFO, Controller or Finance Team can play a vital role in the success of a complex deal. Rutley recently spoke to the Northern Chapter of Virginia Society of CPAs: CFO/Controller Special Interest Group on the essential role these professionals can play on both the buyer and seller sides.
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