IBM Watson Health’s $2.6 Billion Acquisition of Truven Health Analytics
February 18, 2016
On February 18, 2016, IBM Watson Health announced plans to acquire Truven Health Analytics, a leading provider of cloud‑based healthcare data, analytics and insights, from Veritas Capital for $2.6 billion. Cravath represented IBM in connection with this transaction.
Upon completion of the acquisition, IBM’s health cloud will house one of the world’s largest and most diverse collections of health‑related data. Truven Health Analytics is IBM’s fourth major health‑related acquisition since launching its Watson Health unit in April 2015, following Phytel, Explorys and Merge Healthcare. Cravath also represented IBM in connection with these acquisitions.
The Cravath team was led by partner George F. Schoen and included associates Peter J. Atlee and Douglas C. Dolan on M&A matters; practice area attorney Romica Singh and associate Aaron J. Feuer on executive compensation and benefits matters; partner J. Leonard Teti II and associates Antje Hagena and Arvind Ravichandran on tax matters; senior attorney Joyce Law on real estate matters; and partner Matthew Morreale on environmental matters.
Related Practices & Industries
People
- Photo
-
-
J.D., 2005, University of Virginia School of LawOrder of the Coif
-
A.B., 1999, Princeton Universitywith Honors
- New York
Education
Admitted In
- Photo
-
-
J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
-
M.S., 1994, University of Pennsylvania
-
B.A., 1990, University of Pennsylvania
-
B.A.S., 1990, University of Pennsylvania
- New York
Education
Admitted In
-
J.D., 1997, Boston University School of Law
-
B.Comm., 1994, University of AlbertaDistinction
- New York
Education
Admitted In
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.
Deals & Cases
September 10, 2024
IBM’s Acquisition of Accelalpha
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.
