Four Decades for Justice
Cravath is at the forefront of market and legal trends in the technology industry and represents many of the most highly regarded technology companies ranging from entrepreneurial startups to blue chip global corporations. Technology issues often touch upon a variety of practice areas, and our nimble, cross‑disciplinary team draws on deep experience—including a sophisticated understanding of next‑generation and disruptive technologies—to quickly and efficiently handle the many interrelated elements of a complex transaction or litigation.
Bringing together extensive legal expertise, technical knowledge and business judgment, we advise clients navigating the intersection of cutting‑edge technology and novel legal issues across industries and practice areas. This comprehensive focus allows us to provide a holistic approach to our clients’ most pressing—and often unprecedented—concerns, including with respect to artificial intelligence (AI), blockchain and digital assets, data analytics, financial and infrastructure technologies, mobile devices, robotics, software and open source, and the Web3 ecosystem.
Our corporate expertise includes traditional transactional matters—such as mergers and acquisitions, joint ventures, financing transactions and governance considerations—as well as technology licensing and development transactions, strategic management of technology assets, and the establishment and optimization of technology development and commercialization programs. Our litigators have extensive experience with respect to patent, trade secret, antitrust, general commercial, securities and shareholder derivative litigation, as well as related advisory matters and investigations. Additionally, we advise our technology clients on complicated environmental issues and environmental, social and governance (“ESG”) reporting requirements and ESG‑related governance processes.
The transactions and cases we handle within the technology sector frequently involve complex intellectual property issues, often of major strategic and financial importance to our clients. We have expansive knowledge and experience with respect to these matters, including strategic counseling, portfolio development and licensing and other exploitation, and our team is well versed in navigating United States Patent and Trademark Office regulations. We also provide counsel with respect to the regulatory horizon, develop legal frameworks for data ownership and licensing, and handle the acquisition of data and AI technologies.
Our work in this space is routinely recognized by third-party publications, including Law360, which named the Firm a “Technology Practice Group of the Year” in 2021, and New York Law Journal, which honored us with the 2020 “Innovation Award” for “creative and inspiring approaches and forward‑thinking firms.”
Bringing together extensive legal expertise, technical knowledge and business judgment, we advise clients navigating the intersection of cutting‑edge technology and novel legal issues across industries and practice areas. This comprehensive focus allows us to provide a holistic approach to our clients’ most pressing—and often unprecedented—concerns, including with respect to artificial intelligence (AI), blockchain and digital assets, data analytics, financial and infrastructure technologies, mobile devices, robotics, software and open source, and the Web3 ecosystem.
Our corporate expertise includes traditional transactional matters—such as mergers and acquisitions, joint ventures, financing transactions and governance considerations—as well as technology licensing and development transactions, strategic management of technology assets, and the establishment and optimization of technology development and commercialization programs. Our litigators have extensive experience with respect to patent, trade secret, antitrust, general commercial, securities and shareholder derivative litigation, as well as related advisory matters and investigations. Additionally, we advise our technology clients on complicated environmental issues and environmental, social and governance (“ESG”) reporting requirements and ESG‑related governance processes.
The transactions and cases we handle within the technology sector frequently involve complex intellectual property issues, often of major strategic and financial importance to our clients. We have expansive knowledge and experience with respect to these matters, including strategic counseling, portfolio development and licensing and other exploitation, and our team is well versed in navigating United States Patent and Trademark Office regulations. We also provide counsel with respect to the regulatory horizon, develop legal frameworks for data ownership and licensing, and handle the acquisition of data and AI technologies.
Our work in this space is routinely recognized by third-party publications, including Law360, which named the Firm a “Technology Practice Group of the Year” in 2021, and New York Law Journal, which honored us with the 2020 “Innovation Award” for “creative and inspiring approaches and forward‑thinking firms.”
Deals & Cases
March 05, 2024
Cravath represented the underwriters in connection with the registered $500 million senior notes offering of Kyndryl Holdings, Inc., a leading technology services company and the largest IT infrastructure services provider in the world. The transaction closed on February 20, 2024.
Deals & Cases
February 27, 2024
Cravath represented the underwriters in connection with the €1.2 billion senior notes offering of Fortive Corporation, a provider of essential technologies for connected workflow solutions across a range of attractive end‑markets. The transaction closed on February 13, 2024.
Deals & Cases
February 20, 2024
Cravath represented IBM International Capital Pte. Ltd (“IIC”) and International Business Machines Corporation (“IBM”) in connection with IIC’s $5.5 billion registered notes offering. IBM is a guarantor of the notes. IIC is a wholly owned finance subsidiary of IBM, a globally integrated innovation company, serving the needs of enterprises and institutions worldwide. The transaction closed on February 5, 2024.
Deals & Cases
February 15, 2024
Cravath represented the underwriters in connection with the $750 million registered senior notes offering of KLA Corporation, a leading supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The transaction closed on February 1, 2024.
Deals & Cases
February 06, 2024
On February 6, 2024, altafiber, provider of integrated communications solutions over its fiber‑optic network to residential and business customers in Ohio, Kentucky, and Indiana, and TowerBrook Capital Partners (“TowerBrook”), the New York and London‑based international investment firm, announced that TowerBrook has agreed to acquire CBTS, a leading North American provider of IT solutions and services, from altafiber. Cravath is representing altafiber in connection with the transaction.
Activities & Publications
March 18, 2024
On March 14, 2024, Cravath hosted its 2024 Web3 Regulatory Forum at its offices in New York. The event brought together lawyers from the Firm, market participants, executives, investors and others for presentations by practitioners, current and former regulators, and interactive roundtables examining the most significant regulatory developments in the digital assets and Web3 space.
Activities & Publications
March 15, 2024
On March 13, 2024, Cravath partner Daniel J. Cerqueira participated in the International Bar Association’s 2024 Mergers and Acquisitions in Latin America conference, which was jointly presented by the IBA Latin American Regional Forum and the IBA Corporate and M&A Law Committee, and held in Miami, FL. Dan spoke on a panel entitled “Artificial Intelligence in the M&A Process: Contracts Preparation, Due Diligence and Responsibility for Lawyers Using AI,” which reviewed AI’s impact on the M&A process, including how AI can potentially streamline and enhance the contract drafting and review process, and may raise ethical and professional considerations for lawyers leveraging this advanced technology.
Activities & Publications
March 12, 2024
On March 12, 2024, Cravath partner Jeffrey T. Dinwoodie published a short essay in the Yale Journal on Regulation’s Notice & Comment blog entitled “A Way Forward for the SEC and Crypto: The SEC’s History of Tailoring Regulatory Frameworks for Nontraditional Securities.” It discusses the SEC’s history of tailoring the securities regulatory framework to the structural features, uses and risks of nontraditional securities—e.g., asset-backed securities, options and security-based swaps. The essay argues that “investors and the market generally would benefit if the SEC would begin the necessary—and inevitable—work of systematically evaluating and developing a regulatory regime for cryptoasset securities.”
Activities & Publications
March 05, 2024
On March 5, 2024, Cravath partner David J. Kappos participated in “Preserving U.S. Leadership in Biopharmaceutical Innovation,” an event hosted by the Information Technology and Innovation Foundation in Washington, D.C. Dave and other experts spoke alongside the Honorable Paul R. Michel, former Chief Judge of the U.S. Court of Appeals for the Federal Circuit, about why the U.S. may have lost its lead in advanced technology industries, including telecommunications equipment, and how policymakers can support cutting‑edge innovation and avoid repeating the same mistakes in the biopharmaceutical sector.
Activities & Publications
February 26, 2024
On February 21, 2024, the Court Modernization Action Committee (“CMAC”) published its inaugural progress report, entitled the “2023 New York State Court Modernization Progress Report,” co‑authored by Cravath of counsel and CMAC Co‑Chair Scott B. Reents. The report highlights strides the court system has made in leveraging technology to streamline operations and provides recommendations for the continued advancement of the courts’ post‑pandemic modernization efforts. The CMAC was formed to support and advise the New York State Court System in implementing technology initiatives to increase efficiency and enhance access to equal justice.
Deals & Cases
March 05, 2024
Cravath represented the underwriters in connection with the registered $500 million senior notes offering of Kyndryl Holdings, Inc., a leading technology services company and the largest IT infrastructure services provider in the world. The transaction closed on February 20, 2024.
Deals & Cases
February 27, 2024
Cravath represented the underwriters in connection with the €1.2 billion senior notes offering of Fortive Corporation, a provider of essential technologies for connected workflow solutions across a range of attractive end‑markets. The transaction closed on February 13, 2024.
Deals & Cases
February 20, 2024
Cravath represented IBM International Capital Pte. Ltd (“IIC”) and International Business Machines Corporation (“IBM”) in connection with IIC’s $5.5 billion registered notes offering. IBM is a guarantor of the notes. IIC is a wholly owned finance subsidiary of IBM, a globally integrated innovation company, serving the needs of enterprises and institutions worldwide. The transaction closed on February 5, 2024.
Deals & Cases
February 15, 2024
Cravath represented the underwriters in connection with the $750 million registered senior notes offering of KLA Corporation, a leading supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The transaction closed on February 1, 2024.
Deals & Cases
February 06, 2024
On February 6, 2024, altafiber, provider of integrated communications solutions over its fiber‑optic network to residential and business customers in Ohio, Kentucky, and Indiana, and TowerBrook Capital Partners (“TowerBrook”), the New York and London‑based international investment firm, announced that TowerBrook has agreed to acquire CBTS, a leading North American provider of IT solutions and services, from altafiber. Cravath is representing altafiber in connection with the transaction.
Activities & Publications
March 18, 2024
On March 14, 2024, Cravath hosted its 2024 Web3 Regulatory Forum at its offices in New York. The event brought together lawyers from the Firm, market participants, executives, investors and others for presentations by practitioners, current and former regulators, and interactive roundtables examining the most significant regulatory developments in the digital assets and Web3 space.
Activities & Publications
March 15, 2024
On March 13, 2024, Cravath partner Daniel J. Cerqueira participated in the International Bar Association’s 2024 Mergers and Acquisitions in Latin America conference, which was jointly presented by the IBA Latin American Regional Forum and the IBA Corporate and M&A Law Committee, and held in Miami, FL. Dan spoke on a panel entitled “Artificial Intelligence in the M&A Process: Contracts Preparation, Due Diligence and Responsibility for Lawyers Using AI,” which reviewed AI’s impact on the M&A process, including how AI can potentially streamline and enhance the contract drafting and review process, and may raise ethical and professional considerations for lawyers leveraging this advanced technology.
Activities & Publications
March 12, 2024
On March 12, 2024, Cravath partner Jeffrey T. Dinwoodie published a short essay in the Yale Journal on Regulation’s Notice & Comment blog entitled “A Way Forward for the SEC and Crypto: The SEC’s History of Tailoring Regulatory Frameworks for Nontraditional Securities.” It discusses the SEC’s history of tailoring the securities regulatory framework to the structural features, uses and risks of nontraditional securities—e.g., asset-backed securities, options and security-based swaps. The essay argues that “investors and the market generally would benefit if the SEC would begin the necessary—and inevitable—work of systematically evaluating and developing a regulatory regime for cryptoasset securities.”
Activities & Publications
March 05, 2024
On March 5, 2024, Cravath partner David J. Kappos participated in “Preserving U.S. Leadership in Biopharmaceutical Innovation,” an event hosted by the Information Technology and Innovation Foundation in Washington, D.C. Dave and other experts spoke alongside the Honorable Paul R. Michel, former Chief Judge of the U.S. Court of Appeals for the Federal Circuit, about why the U.S. may have lost its lead in advanced technology industries, including telecommunications equipment, and how policymakers can support cutting‑edge innovation and avoid repeating the same mistakes in the biopharmaceutical sector.
Activities & Publications
February 26, 2024
On February 21, 2024, the Court Modernization Action Committee (“CMAC”) published its inaugural progress report, entitled the “2023 New York State Court Modernization Progress Report,” co‑authored by Cravath of counsel and CMAC Co‑Chair Scott B. Reents. The report highlights strides the court system has made in leveraging technology to streamline operations and provides recommendations for the continued advancement of the courts’ post‑pandemic modernization efforts. The CMAC was formed to support and advise the New York State Court System in implementing technology initiatives to increase efficiency and enhance access to equal justice.
Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
Attorney Advertising. ©2024 Cravath, Swaine & Moore LLP.