Cravath’s London Office Moves to 100 Cheapside
On January 28, 2016, IBM announced its intent to acquire Resource/Ammirati, a leading U.S.‑based digital marketing and creative agency, combining the companies’ strategic, creative and technology talents to address rising demand from businesses seeking to reinvent themselves for the digital economy and provide differentiated experiences to their customers. Cravath represented IBM in connection with this proposed transaction. Financial terms were not disclosed.
The Cravath team included associates Matthew M. Kelly and Eric D. Rinder on M&A matters; practice area attorney Romica Singh on executive compensation and benefits matters; partner Andrew W. Needham and associate Jonathan D. Grossman on tax matters; partner Matthew Morreale on environmental matters; and senior attorney Joyce Law on real estate matters. Justin B. Stein also worked on M&A matters and Brian B. Kennedy also worked on executive compensation and benefits 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.
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
January 25, 2024
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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