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News & Insights

IBM’s Acquisition of Cúram Software

December 07, 2011

On December 5, 2011, IBM announced that it has signed a definitive agreement to acquire Dublin, Ireland-based Cúram Software Ltd. Cravath represented IBM in connection with this transaction. Financial terms were not disclosed.

Cúram Software is currently used in more than 80 government agency projects around the world. The acquisition is anticipated to close by the end of December 2011, subject to the satisfaction of customary closing conditions and applicable regulatory reviews.

The Cravath team included associate Ross M. Leff on corporate matters; partner Andrew W. Needham and associate Jonathan J. Katz on tax matters; practice area attorney Michael Krasnovsky and associates Audry X. Casusol and Michelle M. Garrett on executive compensation and benefits matters; and partner Matthew Morreale on environmental matters. Lucy Demery and Antje Hagena also worked on corporate and tax matters, respectively.

Related Practices & Industries

  • Corporate
  • Mergers and Acquisitions
  • Tax
  • Executive Compensation and Benefits
  • Environmental
  • Technology

People

Photo
Name
Matthew Morreale
Title
Corporate
Title
Partner
Email
mmorreale@cravath.com
Phone
+1-212-474-1534
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    Education

    • J.D., 1997, Columbia Law School
      Harlan Fiske Stone Scholar
    • M.S., 1994, University of Pennsylvania
    • B.A., 1990, University of Pennsylvania
    • B.A.S., 1990, University of Pennsylvania

    Admitted In

    • New York
    Photo
    Name
    Jonathan J. Katz
    Title
    Executive Compensation and Benefits
    Title
    Partner
    Email
    jkatz@cravath.com
    Phone
    +1-212-474-1538
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      Education

      • LL.M., 2013, New York University School of Law
      • J.D., 2007, Benjamin N. Cardozo School of Law
        Order of the Coif, Dean's Distinguished Scholar, summa cum laude
      • B.S., 2003, Cornell University

      Admitted In

      • New York
      Photo
      Name
      Andrew W. Needham
      Title
      Tax
      Title
      Retired Partner
      Email
      aneedham@cravath.com
      Phone
      +1-212-474-1999
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        Education

        • M.B.A., 1992, The Wharton School of the University of Pennsylvania
        • LL.M., 1990, Georgetown University Law Center
        • J.D., 1986, Georgetown University Law Center
        • B.A., 1982, University of Arizona College of Law

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