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Cravath Publishes Winter 2026 Issue of Alumni Journal

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News & Insights

IBM’s Acquisition of Application Modernization Capabilities from Advanced

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.

The Cravath team is led by partners George F. Schoen, Jin‑Kyu Baek and Cole DuMond and includes associates Olivia Ya Huang, Armin Hoss, Luke A. Martin and Morgan S. Lucey on M&A matters; partner J. Leonard Teti II, of counsel Kiran Sheffrin and associate Clayton Hackney on tax matters; partner Jonathan J. Katz and associates Brendon J. Rivard and Bianca Hsing on executive compensation and benefits matters; partner Matthew Morreale and associate Star S. Gulant on environmental matters; and senior attorney Joyce Law on real estate matters. Chloe Amarilla also worked on tax matters and Jonathan Nickas also worked on executive compensation and benefits matters.

Related Practices & Industries

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

People

Photo
Name
Jin-Kyu Baek
Title
Corporate
Title
Partner
Email
jbaek@cravath.com
Phone
+1-212-474-1408
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    Education

    • J.D., 2015, Harvard Law School
    • A.B., 2008, Harvard College
      cum laude

    Admitted In

    • New York
    Photo
    Name
    Cole DuMond
    Title
    Corporate
    Title
    Partner
    Email
    cdumond@cravath.com
    Phone
    +1-212-474-1216
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      Education

      • J.D., 2016, University of Pennsylvania Law School
        cum laude
      • B.S., 2013, 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
        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
          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
            Of Counsel
            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

              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.

              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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