But the damage had been done, and combined with the impact of the dot.com bubble on technology sector activity this led Arthur D. Little to file Chapter 11 bankruptcy protection in 2002.[13] At an auction in 2002, TIAX LLC, formed by Kenan Sahin, acquired the assets, contracts, and staff of Arthur D. Little's U.S. Technology & Innovation business.[14] Paris-based Altran Technologies bought the non-U.S. assets and brand name of Arthur D. Little.