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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
            vCard
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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
              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
                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
                  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

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                    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.

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                    IBM International Capital’s $5.5 Billion Registered Notes Offering

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                    IBM’s Acquisition of Application Modernization Capabilities from Advanced

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                    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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