Interactive Corp owns more than 100 media and Internet brands worldwide.
Thanks to the legal assistance provided by Legelata, Interactive Corp avoided the risks of further challenging the acquisition transaction and successfully acquired the pixomatic application. During the execution, all the risks that could arise during the acquisition of the application, mainly related to the transfer of intellectual property rights to trademarks and domain names, were duly studied.
The corresponding study showed that if the parties agree on the sale/purchase of the application, there will be a risk of vertical concentration.
Thus, the acquisition was previously agreed and approved by the Antimonopoly Committee of the Republic of Armenia.
Legelata's Managing Partner Gor Margaryan and Alla Akhnazaryan were involved in the negotiation process, due diligence and completion of the transaction.