CHSH advises the listed company Beta Systems Software AG on its acquisition of the Auconet Group from the insolvency administrator

CHSH Cerha Hempel Spiegelfeld Hlawati acted as local Austrian counsel, with Oppenhoff & Partner advising Beta Systems Software AG in its capacity as Lead Counsel.

CHSH Cerha Hempel Spiegelfeld Hlawati advised Beta Systems Software AG in connection with its acquisition of all of the assets necessary to continue the business activities of Auconet GmbH. The transaction included in particular the acquisition of the Austrian subsidiary Auconet Austria GmbH. The seller is the insolvency administrator Professor Rolf Rattunde (Berlin).

For over 10 years, Auconet has developed and distributed IT operations management (ITOM) software, which complements the existing product portfolio of the Beta Systems Group in the field of data centre intelligence (DCI). In future, Auconet will be operated as an independent sub-group within the Beta Systems Group.

Beta Systems Software was advised by Dr. Sarah Wared, LL.M. (Counsel, M&A/Corporate).