Noerr advises crowd testing market leader Applause on entry into Berlin Technologie Holding
A team from the law firm Noerr advised the worldwide leading US crowd testing company Applause (until May: uTest) on the entry of the investor Berlin Technologie Holding (BTH) into the German subsidiary “Applause EU” (formerly testhub).
Worldwide meanwhile more than 140,000 testers from 200 countries test software and Apps for Applause. Noerr had previously advised Applause on the acquisition of all the shares in the Berlin company testhub. The German testhub team is now active on the German and European markets as “Applause EU” and coordinates the European business of Applause.
BTH, as a Private Equity Investor takes over 20% of the shares in this German subsidiary. With the entry of BTH, Applause acquires not only capital for the expansion of the European business, BTH will also provide consultancy services to Applause in the course of the further expansion on the European market. BTH is known on the market as an investor in the technology sector and has valuable know-how in the industry.
Advisor uTest Inc./Applause App Quality Inc.: Noerr LLP
Dr. Tibor Fedke (leading), Dr. Christoph Spiering (both corporate), Dr. Carsten Heinz (tax), Jessica Loew (Counsel, IP, all Berlin)
Associates: Robert Korndörfer (corporate), Florian Felix Marquardt (tax, both Berlin)
US law: Foley Hoag (Boston): Gil Arie (Partner)