Most corporations have difficulty managing the third-party Intellectual Property (IP) within their own code bases; doing so in mergers and acquisitions (M&A) transactions can be even more difficult. Inbound code built by outside development teams is often a black box of third-party code and licenses. Few M&A teams have the time or expertise to thoroughly audit. Accurate code audits by an experienced IP Software technology team are essential for gaining quick, accurate insight into IP value. This white paper offers an overview of Flexera Software’s best practices and methodology for the technical due diligence auditing process.