Federal Court Ruling a Win for Developers and Acquisitions

The following quote can be attributed to Bruce Gustafson, CEO of the Alliance:

“Entrepreneurs and VCs rely on predictable and rational markets when they invest in innovation. For many small developer-led companies that includes the potential to have their project acquired by a larger company with the resources to drive commercial scale. Large companies have outsourced R&D this way for many decades – this isn’t new. We thank Meta for championing developer innovators, and encourage the FTC to allow tomorrow’s innovators equal freedom to succeed.

The following quote can be attributed to Politico:

 “In a pair of sealed rulings, U.S. District Judge Edward Davila declined to issue a preliminary injunction against the deal while the FTC pursues a separate case in its in-house administrative court, according to a person with knowledge of the matter.” Read full article HERE

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By Bruce Gustafson

Bruce is the President and CEO of the Developers Alliance, the leading advocate for the global developer workforce and the companies that depend on them. Bruce is also the founder of the Loquitur Group, a DC consulting firm, and the former VP and head of the DC Policy office of Ericsson, a global information and communications technology company, focusing on IPR, privacy, IoT, spectrum, cybersecurity and the impact of technology and the digital economy. He has previously held senior leadership positions in marketing and communications at both Ericsson and Nortel, as well as senior roles in strategy and product management across wireless, optical and enterprise communication product portfolios.

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