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News & Insights

IBM’s Acquisition of Hakkoda

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.

The Cravath team is led by partner George F. Schoen and includes associates Monica He and Nikita B. Patel on M&A matters; partner J. Leonard Teti II, of counsel Kiran Sheffrin and associates Megan Samayoa and Jessica Shung on tax matters; partner Amanda Hines Gold, senior attorneys Arian Mossanenzadeh and Aaron S. Cha and associate Louis (Jay) Kober on executive compensation and benefits matters; partner Matthew Morreale and associate Star S. Gulant on environmental matters; partner Jesse M. Weiss and associates Lauren N. Reisig and Dashaya Foreman on antitrust matters; senior attorney Joyce Law and practice area attorney Lauren Piechocki on real estate matters; and partner Matthew M. Kelly on financing matters. Lindsey Corbett also worked on financing matters.

Related Practices & Industries

  • Corporate
  • Mergers and Acquisitions
  • Tax
  • Executive Compensation and Benefits
  • Environmental
  • Antitrust
  • Banking and Credit
  • Technology
  • Professional Services

People

Photo
Name
George F. Schoen
Title
Corporate
Title
Partner
Email
gschoen@cravath.com
Phone
+1-212-474-1740
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    Education

    • J.D., 1998, University of Chicago Law School
      with Honors
    • B.A., 1994, 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
      Amanda Hines Gold
      Title
      Executive Compensation and Benefits
      Title
      Partner
      Email
      agold@cravath.com
      Phone
      +1-212-474-1110
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        Education

        • J.D., 2007, Arizona State University
          magna cum laude
        • B.S., 2001, University of Arizona

        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
          Jesse M. Weiss
          Title
          Litigation
          Title
          Partner
          Email
          jweiss@cravath.com
          Phone
          +1-212-474-1421
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            Education

            • J.D., 2008, Georgetown University Law Center
              magna cum laude
            • B.A., 2003, University of Maryland

            Admitted In

            • New York
            Photo
            Name
            Matthew M. Kelly
            Title
            Corporate
            Title
            Partner
            Email
            mkelly@cravath.com
            Phone
            +1-212-474-1318
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              Education

              • J.D., 2013, New York University School of Law
                John Norton Pomeroy Scholar; Benjamin Butler Scholar; Order of the Coif, magna cum laude
              • A.B., 2006, Dartmouth College
                cum laude

              Admitted In

              • New York
              Photo
              Name
              Kiran Sheffrin
              Title
              Tax
              Title
              Of Counsel
              Email
              ksheffrin@cravath.com
              Phone
              +1-212-474-1842
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                Education

                • J.D., 2013, Brooklyn Law School
                  magna cum laude
                • B.A., 2010, Wesleyan University

                Admitted In

                • New York
                Photo
                Name
                Arian Mossanenzadeh
                Title
                Executive Compensation and Benefits
                Title
                Senior Attorney
                Email
                amossanenzadeh@cravath.com
                Phone
                +1-212-474-1571
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                  Education

                  • J.D., 2013, University of Virginia School of Law
                  • B.A., 2008, University of Washington
                    with Distinction, Phi Beta Kappa, magna cum laude

                  Admitted In

                  • New York
                  Photo
                  Name
                  Aaron S. Cha
                  Title
                  Executive Compensation and Benefits
                  Title
                  Senior Attorney
                  Email
                  acha@cravath.com
                  Phone
                  +1-212-474-1944
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                    Education

                    • LL.M., 2013, New York University School of Law
                    • J.D., 2012, Loyola Law School Los Angeles
                    • B.S., 2004, University of California, San Diego

                    Admitted In

                    • New York
                    • California
                    Photo
                    Name
                    Joyce Law
                    Title
                    Corporate
                    Title
                    Senior Attorney
                    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
                      Name
                      Lauren Piechocki
                      Title
                      Corporate
                      Title
                      Practice Area Attorney
                      Email
                      lpiechocki@cravath.com
                      Phone
                      +1-212-474-1875
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                        Education

                        • J.D., 2012, Hofstra University School of Law
                        • B.A., 2005, Syracuse University
                          Dean's Scholar Maxwell Citizen Education Conference Scholar, cum laude

                        Admitted In

                        • New York

                        Related News & Insights

                        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.

                        Deals & Cases

                        February 20, 2024

                        IBM International Capital’s $5.5 Billion Registered Notes Offering

                        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

                        IBM’s Acquisition of Application Modernization Capabilities from Advanced

                        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.

                        Deals & Cases

                        December 18, 2023

                        IBM’s €2.13 Billion Acquisition of StreamSets and webMethods Platforms from Software AG

                        On December 18, 2023, IBM announced that it has entered into a definitive agreement with Software AG, a company majority owned by Silver Lake, to purchase StreamSets and webMethods, Software AG's Super iPaaS (integration platform‑as‑a‑service) enterprise technology platforms, for €2.13 billion in cash. StreamSets will add data ingestion capabilities to watsonx, IBM's AI and data platform, while webMethods will give clients and partners additional integration and API management tools for their hybrid multi‑cloud environments. Cravath is representing IBM in connection with the transaction.

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