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Portrait of Axel Funk

Dr. Axel Funk


CMS Hasche Sigle
Theodor-Heuss-Straße 29
70174 Stuttgart
Languages German, English

Axel Funk is an expert when it comes to drafting and negotiating contracts, in particular in the context of special projects and outsourcing transactions. He also advises on all aspects of software development and distribution law. His practice furthermore includes work in the e-commerce, IT compliance and data protection sectors and he is also an experienced litigator, regularly representing clients in IT disputes. Large as well as medium-sized companies rely on his comprehensive IT and sector know-how.

From 1996 to 1997, he gained international experience during a one-year secondment with Glass McCullough Sherrill & Harrold, LLP in Atlanta/Georgia, and in 1992/93 he worked for the patent law boutique AJ Park in Wellington, New Zealand. From 1990 to 1994, Axel was also a research assistant at the Max Planck Institute for Foreign and International Patent, Copyright and Competition Law in Munich, and he now teaches IT, internet and media law at Stuttgart Media University alongside his legal practice.

He is practicing law since in 1994 and became a partner with CMS in 2000.

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"professionally outstanding, highly experienced and cooperative", "good lawyer", competitors

JUVE German Commercial Law Firms 2021 (GCLF)

"Recommended" for Information Technology

JUVE German Commercial Law Firms 2020-2022 (GCLF)

Listed for technology law

Deutschlands beste Anwälte 2020 - Handelsblatt in Kooperation mit Best Lawyers

Relevant experience

  • Drafting and negotiating a comprehensive IT outsourcing contract for a major German bank
  • Advising a major provider of telecom services and negotiating the largest IT purchasing contract within the client’s group
  • Advising a southern German regional stock exchange on the outsourcing of numerous services, in particular IT outsourcing of the trading platform and drafting all related contracts
  • Advising Sparkassen-Finanzgruppe on the introduction of the new "paydirekt" online payment system
  • Advising AXA Lebensversicherungs AG on negotiating and drafting a high-volume contract in relation to the introduction of a new IT platform

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Memberships & Roles

  • Member of the board of the German Association of Law and Informatics (DGRI)
  • Head of the special interest group for IT law of Baden-Württemberg: Connected e.V. (bwcon), a business initiative promoting the high-tech sectors in the federal state of Baden-Württemberg
  • Civil law committee of the German Bar Association
  • Chairman of the examination board for the specialist lawyer training in IT law in Stuttgart

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  • Comparative law dissertation, analysing a trademark law topic
  • Law studies at the Universities of Augsburg, Tübingen and Munich
  • Trained as a banker with Deutsche Bank AG in Frankfurt/Main

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CMS ad­vises As­v­in on seed fin­an­cing round
Stut­tgart – As­v­in GmbH of Stut­tgart, a pro­vider of block­chain-based soft­ware sup­ply chain se­cur­ity for the In­ter­net of Things (IoT), has re­ceived fur­ther cap­it­al in a seed round of fin­an­cing. The in­vestors...
CMS ad­vises Volk­swa­gen on joint ven­ture with En­el X to build ex­tens­ive...
Stut­tgart – Volk­swa­gen and En­el X are team­ing up to sup­port elec­tro­mobil­ity in Italy. The Ger­man car man­u­fac­turer and the En­el Group’s ad­vanced en­ergy solu­tions di­vi­sion have signed cor­res­pond­ing...
CMS ad­vises Oak­tree on planned ac­quis­i­tion of Mayr-Mel­nhof Group’s vir­gin...
Stut­tgart – A sub­si­di­ary of the funds ad­vised by Oak­tree Cap­it­al Man­age­ment, L.P. (“Oak­tree”) is seek­ing to ac­quire two vir­gin fibre car­ton plants from the Mayr-Mel­nhof Group (“MM”) in Eer­beek...
CMS ad­vises PE in­vestor De­meter on in­vest­ment in soft­ware firm Cuc­u­lus
Stut­tgart – De­meter, a ma­jor European private equity in­vestor in the sus­tain­ab­il­ity seg­ment, has in­ves­ted in Cuc­u­lus GmbH, a lead­er in the de­vel­op­ment of soft­ware solu­tions for crit­ic­al in­fra­struc­ture...
CMS ad­vises NORD/LB on re­or­gan­isa­tion of man­age­ment and con­trol
Ham­burg – NORD/LB is re­or­gan­ising its IT and pro­cess ar­chi­tec­ture to cre­ate a new man­age­ment and con­trol sys­tem. The pro­ject brings to­geth­er the rel­ev­ant core dis­cip­lines (re­port­ing, ac­count­ing, fin­an­cial...
CMS ad­vises ter­ranets bw on ac­quis­i­tion of Gas-Uni­on Trans­port
Stut­tgart – ter­ranets bw GmbH has ac­quired re­gion­al gas trans­mis­sion op­er­at­or Gas-Uni­on Trans­port GmbH. This move will al­low ter­ranets bw to ex­pand its trans­mis­sion net­work from south­ern Ger­many to...
Busi­ness now feel­ing the ef­fects of GDPR in M&A trans­ac­tions
Auto­mot­ive, health­care and fin­an­cial ser­vices are prime ex­amples of sec­tors that are un­der­go­ing rap­id di­git­al change. This trans­form­a­tion in the di­git­al en­vir­on­ment is caus­ing busi­ness mod­els to be rad­ic­ally...
CMS ad­vises fash­ion and life­style com­pany Bre­uninger on award­ing centre...
Stut­tgart – E. Bre­uninger GmbH & Co. has awar­ded new man­age­ment con­tracts for the Bre­uninger­Land malls in Sindelfin­gen and Lud­wigs­burg. Uni­bail-Rodamco-West­field will take over man­age­ment of the prop­er­ties...
CMS ad­vises Magen­wirth Group on sale of com­pan­ies and joint ven­ture form­a­tion
Stut­tgart – Robert Bosch GmbH has ac­quired a 50% stake in the MAGURA Bike Parts Group. The lat­ter mainly com­prises Magura Bike Parts GmbH & Co. KG and its gen­er­al part­ner, Magura GmbH, which own sev­er­al...
CMS sup­ports the Holtzbrinck Pub­lish­ing Group in the sale of the on­line...
Stut­tgart – The Holtzbrinck Pub­lish­ing Group has re­cently sold its shares in the on­line portal Net­Dok­t­or.de to Hubert Burda Me­dia. Through agreeance of the parties, it has been de­cided to keep de­tails...
M&A and GDPR: an­nounced GBP 99 m hotel chain fine high­lights due di­li­gence...
A year since the im­ple­ment­a­tion of the GDPR, de­cisions were handed down in the UK and Ger­many re­veal­ing how the reg­u­la­tion has a dir­ect im­pact on M&A trans­ac­tions. In one rul­ing, the Su­per­vis­ory Au­thor­ity...
Ger­many's data pro­tec­tion au­thor­it­ies hand down a de­cision on M&A and GDPR
De­cision of the DSK In its re­cent de­cision, the DSK iden­ti­fies the fol­low­ing case groups to provide guid­ance when deal­ing with data in the con­text of an as­set deal: Cus­tom­er data for act­ive...