IBM’s Acquisition of myInvenio
April 16, 2021
On April 15, 2021, IBM announced a definitive agreement to acquire myInvenio, a process mining software company based in Reggio Emilia, Italy. The acquisition will provide organizations with data‑driven software to help them identify the most impactful business processes to automate using AI – including sales, procurement, production and accounting. Financial details were not disclosed. Cravath is representing IBM in connection with the transaction.
The Cravath team includes associate Melanie R. Cook on M&A matters; partner J. Leonard Teti II and associates Rebecca L. Fine and Duncan H. Hardell on tax matters; and associates Aaron J. Feuer and Christopher C. Gonnella on executive compensation and benefits matters. Peter Kim also worked on M&A matters.
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