Amsterdam, March 21, 2024 - Evaluating technology during mergers and acquisitions (M&A) can be difficult, especially when it involves acquiring digital software assets. The software's source code is often a closely guarded secret that represents years of development and the knowledge of the employees of the target company. In order to effectively assess these assets in a limited time frame, it is crucial to address various issues such as license compliance, programming quality, architecture, cybersecurity measures, and agility. Siemens, a major European industrial manufacturer, aimed to enhance its M&A software due diligence process by proactively identifying and addressing potential risks.
Prior to implementing new software technologies, Siemens must first verify that the software assets are free of defects and can be easily integrated into the company's digital ecosystem. This involves utilizing digital software scanners and specialized knowledge to conduct a thorough assessment of technology risks. The resulting data is then aggregated in a business intelligence solution, turning it into the foundation for making informed decisions.
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