Invaluable acquires Swiss art tech company Artmyn. The advisors
Invaluable, an online marketplace for premier auction houses selling fine and decorative arts and collectibles, has acquired the Swiss art technology company Artmyn. Artmyn has developed an art-scanning technology for authenticating artworks and delivering unique digital representations of physical artwork and NFTs.
The integration of Artmyn’s technology will allow the developer of SaaS and ecommerce applications for the auction industry, to provide collectors with a new way of documenting, experiencing and sharing art. The acquisition also enables Invaluable to access NFT technology, blockchain and the digital metaverse.
Borel & Barbey advised Artmyn for this acquisition. The team was led by associate Anne Laure Bandle and partner Alexandre Gallopin (pictured right).
Wenger Vieli advised Invaluable on this transaction regarding all Swiss legal and tax aspects in collaboration with Goodwin Boston. The team was led by partner Beat Speck (m&a / corporate, pictured left) and included partner Stefan Müller (employment Law), partner Barbara Brauchli Rohrer (tax), partner Martin Peyer (financial services), counsel Claudia Keller (ip / data protection), senior associate Michèle Joho–Menotti (venture capital / m&a), associate Sabine Taxer (employment law), associate Nathalie Germann (employment law), associate Dominik Rietiker (m&a), associate Stocker Mark (employment law) and junior lawyer Fabienne Nufer.
