← Back to Blog

Open Source Compliance in M&A: License Risks and Due Diligence

Nearly every modern application uses open source components. License compliance failures can create significant legal and business risks in M&A transactions.

License Categories

Permissive Licenses

MIT, Apache 2.0, BSD

  • Minimal restrictions
  • Commercial use allowed
  • Low risk for proprietary software

Copyleft Licenses

GPL, LGPL, AGPL

  • Require derivative works to use same license
  • GPL can "infect" proprietary code if improperly used
  • AGPL extends to network use (SaaS risk)

Weak Copyleft

LGPL, MPL

  • Copyleft applies only to modifications of original
  • Can be linked with proprietary code
  • Moderate risk profile

Assessment Approach

  • Software Composition Analysis: Scan code for OSS components
  • License inventory: Map all licenses in use
  • Compliance review: Verify attribution and notice requirements
  • Risk assessment: Identify high-risk license combinations

Red Flags

  • GPL code in proprietary products without proper isolation
  • AGPL in SaaS offerings
  • Missing license attribution
  • No open source policy or tracking
  • Outdated components with known vulnerabilities
Key Takeaway: Open source compliance issues can require expensive remediation or create IP encumbrances. Scan the codebase before closing.

Continue Reading

Ready for Your Technical Due Diligence?

We've assessed 100+ M&A transactions worth $10B+. Let's discuss how we can help with your deal.