Bär & Karrer Advised Open Systems on the Purchase of BITC.

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Bär & Karrer Advised Open Systems on the Purchase of BITC.

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Bär & Karrer Advised Open Systems on the Purchase of BITC.

Zurich, Switzerland, 28 May 2020

EQT portfolio company Open Systems AG, a secure access service edge (SASE) pioneer, has acquired Born In The Cloud Inc. from its founders. BITC is an US-based leading Microsoft Azure Sentinel cyber security expert complementing Open Systems' Managed Detection & Response (MDR) offering.

Bär & Karrer acted as legal advisor to Open Systems in this transaction. The team included Christoph Neeracher, Raphael Annasohn, Yves Suter, Raphael Egger and Li Wei Dutler (all M&A), as well as Susanne Schreiber and Alessia Suter (both Tax).

For further information please contact:

Media Relations, Eric Stupp

Tel: +41 58 261 50 00

Email: eric.stupp@baerkarrer.ch

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