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News & Insights

IBM’s Acquisition of Databand.ai

July 09, 2022

On July 6, 2022, IBM announced it has acquired Databand.ai, a leading provider of data observability software. Cravath is representing IBM in connection with the transaction.

The Cravath team is led by partner George F. Schoen and includes associate Edward O. Minturn on M&A matters; partner J. Leonard Teti II, senior attorney Kiran Sheffrin and associate Alissa B. Fromkin on tax matters; partner Jonathan J. Katz, senior attorney Sarah W. Colangelo and practice area attorney David Crampton on executive compensation and benefits matters; partner Matthew Morreale on environmental matters; and senior attorney Joyce Law and practice area attorney Lauren Piechocki on real estate matters. William Council also worked on M&A matters.

Related Practices & Industries

  • Corporate
  • Mergers and Acquisitions
  • Tax
  • Executive Compensation and Benefits
  • Environmental
  • Technology

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
      Jonathan J. Katz
      Title
      Executive Compensation and Benefits
      Title
      Partner
      Email
      jkatz@cravath.com
      Phone
      +1-212-474-1538
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        Education

        • LL.M., 2013, New York University School of Law
        • J.D., 2007, Benjamin N. Cardozo School of Law
          Order of the Coif, Dean's Distinguished Scholar, summa cum laude
        • B.S., 2003, Cornell University

        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
          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
            Sarah W. Colangelo
            Title
            Executive Compensation and Benefits
            Title
            Of Counsel
            Email
            scolangelo@cravath.com
            Phone
            +1-212-474-1254
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              Education

              • J.D., 2014, Georgetown University Law Center
                Order of the Coif, magna cum laude
              • B.A., 2007, Duke University
                Phi Beta Kappa, summa cum laude

              Admitted In

              • New York
              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
                David Crampton
                Title
                Executive Compensation and Benefits
                Title
                Practice Area Attorney
                Email
                dcrampton@cravath.com
                Phone
                +1-212-474-1358
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                  Education

                  • J.D., 2020, Cornell Law School
                    magna cum laude
                  • B.S., 2016, Oregon State University

                  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

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                    IBM’s Acquisition of Hakkoda

                    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.

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                    IBM’s Acquisition of Accelalpha

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                    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

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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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