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Cravath Publishes Summer 2026 Issue of Alumni Journal

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News & Insights

IBM’s Sale of U2 Assets

September 21, 2009

On September 15, 2009, IBM announced that it has signed an agreement to sell its U2 Data Servers and Tools assets to Rocket Software, Inc., a global software development company. The lawyers involved in this transaction include partner George F. Schoen and associates Michael R. Clayton, Sophia D. Tawil, Femi Giwa and Brian M. Malbacho on corporate matters; partner Andrew W. Needham and associates J. Leonard Teti II and Jonathan J. Katz on tax matters; associates Lynne A. Lacoursiere and Kerry Halpern-Skoglund on executive compensation and benefits matters; and associate Matthew Morreale on environmental matters.

Related Practices & Industries

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

People

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
    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
        Photo
        Name
        Matthew Morreale
        Title
        Corporate
        Title
        Retired 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

          Related News & Insights

          Deals & Cases

          April 07, 2025

          IBM’s Acquisition of Hakkoda

          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.

          Cravath Bicentennial

          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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