Avellum, working with Linklaters, has advised Stellantis on the acquisition of the artificial intelligence framework, machine learning models, and intellectual property rights and patents of CloudMade.
Stellantis is a global automotive manufacturing corporation.
CloudMade is a developer of smart and innovative big data-driven automotive solutions.
According to Avellum, "CloudMade's software technology will support Stellantis' strategy of developing intelligent mobility products and enhancing the overall customer experience with personalized features."
The Avellum team included Managing Partner Mykola Stetsenko, Managing Associate Oleksandr Kozhukhar, and Associate Olha Rudevych.
Avellum was unable to provide additional information on the matter.
