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Orion shares expertise in a comprehensive study of the Russian Tech M&A’2025
July 7, 2026

Partner Konstantin Olefir, along with Senior Associates Artem Asoyan and Vladislav Lazutkin have contributed to the Russian tech M&A market report per 2025, acting as external experts and providing comprehensive commentary on the key sections of the report.

Our experts have highlighted actual trends and challenges of pre-closing IT/IP asset restructuring, JV set-up, cross-border business fragmentation risks, as well as the enforcement of shares options, earn-out and ratchet provisions as key employees’ incentives.
 
Our team’s commentaries are also focused on the legal aspects of comprehensive software / AI due diligence, including the risks of integrating third-party LLMs via APIs, legal protection of AI-generated content and significant impact of the “vibe coding” on the IP due diligence.
 
The full version of the study is available at the link.
 
You may also find the key findings of the first part of this study in a relevant article at Kommersant website.

Artyom Asoyan
Senior Associate
Corporate
Vladislav Lazutkin
Senior Associate
Corporate

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