IBM’s Acquisition of TRIRIGA
March 24, 2011
On March 22, 2011, IBM announced that it has entered into an agreement to acquire privately held TRIRIGA, Inc., a Las Vegas, Nevada-based provider of facility and real estate management software solutions. Financial details were not disclosed. Cravath represented IBM in this transaction.
This acquisition aims to accelerate IBM’s smarter- buildings initiatives by adding advanced intelligence that improves real estate performance, capital project management and the outcomes of sustainability initiatives. The deal is expected to close in the second quarter of 2011, subject to regulatory approval and the satisfaction of customary closing conditions.
The Cravath team includes associates Ross M. Leff and Juliana Han on corporate matters; partner Andrew W. Needham and associates J. Leonard Teti II and Sonia Rodriguez on tax matters; associates Daniel A. Birnhak, Albert Chang and Kimberly L. Steefel on executive compensation and benefits matters; and practice area attorney Matthew Morreale on environmental matters.
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People
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J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Pennsylvania
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B.A., 1990, University of Pennsylvania
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B.A.S., 1990, University of Pennsylvania
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J.D., 2005, University of Virginia School of LawOrder of the Coif
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A.B., 1999, Princeton Universitywith Honors
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M.B.A., 1992, The Wharton School of the University of Pennsylvania
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LL.M., 1990, Georgetown University Law Center
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J.D., 1986, Georgetown University Law Center
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B.A., 1982, University of Arizona College of Law
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