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The policy authorizes disclosure of personal information to prospective and actual acquirers, investors, and their advisors in the context of corporate transactions including mergers, acquisitions, financings, public offerings, insolvencies, or bankruptcies.
This analysis describes what RunPod's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision establishes that personal information may be transferred to third-party counterparties and advisors during due diligence or transaction processes, including in insolvency or bankruptcy scenarios where personal information is treated as a business asset. The scope covers prospective transactions, meaning disclosure may occur before any transaction is completed.
Under this clause, personal information collected by RunPod may be disclosed to third-party investors, acquirers, and their advisors during actual or prospective corporate transactions, and may transfer to a successor entity as a business asset in the event of a merger, acquisition, or insolvency.
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"We may disclose personal information in the context of actual or prospective business transactions (e.g., investments in Runpod, financing of Runpod, public stock offerings, or the sale, transfer or merger of all or part of our business, assets or shares), for example, we may need to share certain personal information with prospective counterparties and their advisers. We may also disclose your personal information to an acquirer, successor, or assignee of Runpod as part of any merger, acquisition, sale of assets, or similar transaction, and/or in the event of an insolvency, bankruptcy, or receivership in which personal information is transferred to one or more third parties as one of our business assets.Excerpt from RunPod's Privacy Policy
REGULATORY LANDSCAPE: This provision implicates GDPR Article 6 (requiring a lawful basis for processing in transaction contexts) and CCPA disclosure requirements regarding third-party data recipients. In insolvency or bankruptcy scenarios, applicable law governing the treatment of personal data as a business asset may vary by jurisdiction and may be subject to regulatory scrutiny. GOVERNANCE EXPOSURE: Medium. The authorization to share personal information with prospective counterparties during due diligence is common in industry practice but may require evaluation under GDPR to confirm that legitimate interests or contractual necessity provides an adequate legal basis. The specific inclusion of insolvency and receivership as triggering events is operationally significant for users who may not anticipate their data transferring to an unknown third party. JURISDICTION FLAGS: EU and UK users face heightened exposure, as GDPR may require that data subjects be informed of controller changes and that adequate safeguards apply to transfers to non-EEA acquirers. California residents may have rights to notice of material changes in data controller identity under CCPA. CONTRACT AND VENDOR IMPLICATIONS: Procurement teams evaluating RunPod as a vendor should account for the possibility that personal information may transfer to an acquirer or successor with different privacy practices. Service agreements may warrant inclusion of provisions addressing data handling in transaction scenarios. COMPLIANCE CONSIDERATIONS: Legal teams should evaluate whether GDPR transfer impact assessments are required for cross-border business transfer disclosures, and whether data subjects in Europe must be notified of controller changes resulting from completed transactions. Data mapping should account for this category of third-party disclosure.
This provision establishes that personal information may be transferred to third-party counterparties and advisors during due diligence or transaction processes, including in insolvency or bankruptcy scenarios where personal information is treated as a business asset. The scope covers prospective transactions, meaning disclosure may occur before any transaction is completed.
Under this clause, personal information collected by RunPod may be disclosed to third-party investors, acquirers, and their advisors during actual or prospective corporate transactions, and may transfer to a successor entity as a business asset in the event of a merger, acquisition, or insolvency.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by RunPod.