Taylor Wessing advises Databricks on acquisition of 8080 Labs

Databricks has acquired the Frankfurt-based start-up 8080 Labs. The international law firm Taylor Wessing, led by partner Alexander Roth and an international team, provided legal advice to Databricks on the acquisition.

8080 Labs develops Graphical User Interfaces (GUIs) for data libraries that make it easy to analyse and visualise data. Even persons with a non-technical background can use it to draw insights from data, as no programming skills are required. The two founders will become part of the Databricks family in San Francisco.

Founded by seven University of California, Berkeley researchers in 2013, Databricks recently raised $1.6 billion at a $38 billion valuation and is backed by the four cloud titans - Amazon, Google, Microsoft and Salesforce - in addition to blue-chip investors. Databricks combines the raw data repositories, or “data lakes” with the structured information of “data warehouses” to create a “lakehouse” where companies store and make use of their data. Comcast, Credit Suisse, H&M and T-Mobile are among 5,000 customers using Databricks to build business analytics or machine learning tools.

Legal advisors Databricks:

Taylor Wessing: Lead Alexander Roth (Corporate, Silicon Valley), Dr. Christian Maron (Employment, Munich), Tobias Schelinski (IP/IT, Hamburg), Dr. Bert Kimpel (Tax, Düsseldorf), Dr. Daniel Schrembs, LL.M. (Duke University) (Corporate, Munich), Anneliese Hartlaub, LL.M. (IP/IT, Hamburg) Dr. Phillip Weiten (Tax), Dr. Benedikt Groh (Employment), and Fritz Krings (Corporate), all Munich