Cravath Publishes Winter 2026 Issue of Alumni Journal
Cravath represented the borrower, International Business Machines Corporation, in connection with the arrangement of its $2.5 billion 364-day revolving credit facility provided by a syndicate of banks led by JPMorgan Chase. The transaction closed on July 19, 2019.
The Cravath team included partner Joseph D. Zavaglia and associate Patrick S. Taylor on banking matters, and associate Joyce Y. Kim on tax matters. Summer associate Nicole M. Gould also worked on banking matters.
Deals & Cases
April 07, 2025
On April 7, 2025, IBM announced it has acquired Hakkoda Inc., a leading global data and AI consultancy. Hakkoda will expand IBM Consulting's data transformation services portfolio, adding specialized data platform expertise to help clients get their data ready to fuel AI‑powered business operations. Cravath is representing IBM in connection with the transaction.
Deals & Cases
September 10, 2024
On September 9, 2024, IBM announced its intent to acquire Accelalpha, a global Oracle services provider with deep expertise helping clients digitize core business operations and accelerate adoption of Oracle Cloud Applications. This acquisition expands IBM's Oracle consulting expertise in supply chain and logistics, finance, enterprise performance management and customer transformation. Cravath is representing IBM in connection with the transaction.
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.
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