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Kinstellar advises Pandora Media Inc. on a US$145 million acquisition in the digital audio advertising market

June 2018 – Kinstellar has advised the US company Pandora Media Inc. on the Romanian law aspects of its acquisition of a leading digital audio ad tech firm, AdsWizz. At the close of the transaction, AdsWizz will become a subsidiary of Pandora​, thus enabling Pandora to significantly increase its access to the growing audio streaming market.

The Kinstellar team advised on all Romanian law aspects of the transaction, as well as on certain employment and intellectual property issues incident to the transaction, such as the assignment of employee IP rights over collective inventions, including the assessment of employee copyrights, confidentiality and non-disclosure agreements, etc. Kinstellar worked together with the law firm Sidley Austin LLP, which acted as legal advisor for all US law matters.

Kinstellar’s team was led by Răzvan Popa, Managing Partner. Other key team members included Diana Condurache, Managing Associate focusing on Employment and Intellectual Property matters, and Patricia Piticaș, Associate.

For more information please contact Răzvan Popa, Managing Partner, at

e-mail

, or Diana Condurache, Managing Associate, at .