February 24, 2021
SparkCognition, Inc., the world's leading industrial artificial intelligence (AI) company, has announced it has entered into an agreement to acquire AIM2 from hedge fund management company Brevan Howard and global investment bank Nomura. SparkCognition has also executed contracts with both Brevan Howard and Nomura, which will allow SparkCognition to further expand its AI capabilities into the financial services vertical and meet the needs of its customers around the world.
Latham & Watkins LLP represents SparkCognition in the transaction with a corporate deal team led by Houston partner Stephen Szalkowski, with Houston associates Alice Parker, Sam Bentley, and Michael Basist. Houston partner Lauren Anderson and London partners Robbie McLaren and Simon Tysoe, along with London associate George Venables, also provided assistance on corporate-related matters.
Advice was also provided on tax matters by London partner Sean Finn and Houston partner Bryant Lee, with London associate Aoife McCabe and Houston associate Jared Grimley; on technology transactions and intellectual property matters by Boston partner Sarah Gagan and London partner Deborah Kirk, with New York associates Meredith Ward, Caroline Herald, and David Suh and London associate Grace Erskine; on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with Chicago associate Daniel Gocek; on antitrust matters by Washington, D.C. partner Jason Cruise and Washington, D.C. counsel Peter Todaro and Sydney Smith and Brussels counsel Tomas Nilsson; and on data privacy matters by London partners Gail Crawford and Fiona Maclean and Bay Area counsel Robert Blamires, with Boston associate Kiara Vaughn.