IBM’s Sale of Healthcare Data and Analytics Assets to Francisco Partners
January 21, 2022
On January 21, 2022, IBM and Francisco Partners, a global investment firm that specializes in partnering with technology businesses, announced that the companies have signed a definitive agreement under which Francisco Partners will acquire healthcare and data analytics assets from IBM that are currently part of the Watson Health business. The assets acquired by Francisco Partners include extensive and diverse data sets and products, including Health Insights, MarketScan, Clinical Development, Social Program Management, Micromedex, and imaging software offerings. Cravath is representing IBM in connection with the transaction.
The Cravath team is led by partners George F. Schoen and Bethany A. Pfalzgraf and includes associates Richard E. Schwartz, Blair Baker and Paul A. Bryant on M&A matters; partner Matthew M. Kelly and associate Temiloluwa A. Dele‑Dare on financing matters; partner J. Leonard Teti II, senior attorney Andrew Carlon and associate Carlos Nicholas Obando on tax matters; partner Jonathan J. Katz and associates Christopher C. Gonnella, Brendon J. Rivard and David Crampton on executive compensation and benefits matters; and senior attorney Joyce Law on real estate matters.
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J.D., 1998, University of Chicago Law Schoolwith Honors
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B.A., 1994, Cornell University
- New York
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J.D., 2014, Columbia Law SchoolHarlan Fiske Stone Scholar
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B.A., 2010, Boston CollegeCollege of Arts and Sciences Honors Program, cum laude
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J.D., 2013, New York University School of LawJohn Norton Pomeroy Scholar; Benjamin Butler Scholar; Order of the Coif, magna cum laude
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A.B., 2006, Dartmouth Collegecum laude
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J.D., 2005, University of Virginia School of LawOrder of the Coif
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A.B., 1999, Princeton Universitywith Honors
- New York
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LL.M., 2013, New York University School of Law
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J.D., 2007, Benjamin N. Cardozo School of LawOrder of the Coif, Dean's Distinguished Scholar, summa cum laude
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B.S., 2003, Cornell University
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J.D., 1997, Boston University School of Law
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B.Comm., 1994, University of AlbertaDistinction
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