Rubikloud Technologies Inc. entered into a partnership with A.S. Watson to use machine learning to build big data analytics, which will enhance A.S. Watson’s retail customer experience and operational efficiencies.
Rubikloud is a Toronto-based artificial intelligence company that provides retailers with a machine intelligence platform. A.S. Watson Group is the largest international health and beauty retailer in Asia and Europe, with 13,300 retail stores in 25 Asian and European markets.
Fasken was involved in all aspects of this transaction, including providing legal advice and negotiation in partnership with Rubikloud’s business team with A.S. Watson on deal terms and various significant legal and business issues regarding scope of analytics services, scope of implementation/professional services, information management protocols, disaster recovery and mitigation, and limits of liability. The team also drafted key documents regarding services and implementation.
The team at Fasken was led by Karam Bayrakal and includes Ariel Laver.