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News & Insights

IBM’s Acquisition of Resilient Systems

March 01, 2016

On February 29, 2016, IBM announced its intent to acquire Resilient Systems, a leader in security incident response solutions, as part of its significant expansion of IBM Security's security operations and incident response capabilities. The incident response platform, pioneered by Resilient Systems, automates and orchestrates the many processes needed when dealing with cyber incidents – from breaches to lost devices. Cravath represented IBM in connection with this transaction. Financial terms were not disclosed.

The Cravath team was led by partners George F. Schoen and included associates Michael E. Mariani and Derrick M. Davis on M&A matters; associates Matthew Cantor and Amy C. Benford on executive compensation and benefits matters; partner J. Leonard Teti II and associates Antje Hagena and Arvind Ravichandran on tax matters; partner Matthew Morreale on environmental matters; and senior attorney Joyce Law on real estate matters.

Related Practices & Industries

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

People

Photo
Name
George F. Schoen
Title
Corporate
Title
Partner
Email
gschoen@cravath.com
Phone
+1-212-474-1740
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    Education

    • J.D., 1998, University of Chicago Law School
      with Honors
    • B.A., 1994, Cornell University

    Admitted In

    • New York
    Photo
    Name
    J. Leonard Teti II
    Title
    Tax
    Title
    Partner
    Email
    lteti@cravath.com
    Phone
    +1-212-474-1896
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      Education

      • J.D., 2005, University of Virginia School of Law
        Order of the Coif
      • A.B., 1999, Princeton University
        with Honors

      Admitted In

      • New York
      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
        Joyce Law
        Title
        Corporate
        Title
        Senior Attorney
        Email
        jlaw@cravath.com
        Phone
        +1-212-474-1066
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          Education

          • J.D., 1997, Boston University School of Law
          • B.Comm., 1994, University of Alberta
            Distinction

          Admitted In

          • New York

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          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

          IBM’s Acquisition of Accelalpha

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          IBM International Capital’s $5.5 Billion Registered Notes Offering

          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

          January 25, 2024

          IBM’s Acquisition of Application Modernization Capabilities from Advanced

          On January 18, 2024, IBM announced it has signed a definitive agreement to acquire application modernization capabilities from Advanced, bringing a combination of talent, tools and knowledge to enhance IBM Consulting’s mainframe application and data modernization services. Cravath is representing IBM in connection with the transaction.

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          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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