Utopus Insights, Inc.’s Acquisition by Vestas Wind Systems A/S

On February 2, 2018, Vestas Wind Systems A/S, a Danish‑listed company that is a leader in wind power solutions, announced that it entered into an agreement to acquire Utopus Insights, Inc. (“Utopus”), a leading energy analytics and digital solutions company formed by IBM and Vermont Electric Power Company. Cravath is representing IBM in connection with the transaction and also represented IBM in the formation of Utopus.

The Cravath team is led by partner George F. Schoen and includes associate Megan E. Fitzgerald on M&A matters, and partner J. Leonard Teti II and associate Cecily Xi on tax matters.