Foley Hoag LLP Represents BCG in Sale of SOURCE AI Technology and Strategic Partnership with DataRobot

June 25, 2020

Foley Hoag LLP represented The Boston Consulting Group (BCG) in the sale of its SOURCE AI technology to DataRobot, and the closing of a strategic partnership between the two companies.  The partnership is unique in that it combines proprietary intellectual property with leading consulting services to provide the human expertise and technical know-how needed to deliver optimal, continuous value from artificial intelligence (AI).

SOURCE AI was founded to help data scientists write code in unrestricted ways and to allow organizations to build industrial-grade AI solutions. DataRobot will leverage SOURCE AI functionality to continue delivering a best-in-class experience, allowing advanced data scientists to use DataRobot’s enterprise AI platform for model experimentation and training as well as production model management and deployment.

BCG was founded in 1963 and employs 21,000 employees in more than 50 countries around the world. The company delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose, working in a uniquely collaborative model throughout all levels of the client organization to generate results that allow their clients to thrive.

Foley Hoag attorneys Alex Aber, Chris Natkanski, Earl Mellott and Stephan Bradley represented BCG in the transaction. 

About Foley Hoag LLP

Foley Hoag provides innovative, strategic legal services to public, private and government clients across the globe. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and private funds fields, and in cross-border disputes. The diverse backgrounds, perspectives and experiences of our lawyers and staff contribute to the exceptional senior level service we deliver to clients ranging from startups to multinational companies to sovereign states. For more information, visit www.foleyhoag.com or follow @FoleyHoag on Twitter.