Technology

Cravath represented the underwriters in connection with the $3 billion senior notes offering of Analog Devices, Inc., a world leader in the design, manufacture and marketing of a broad portfolio of solutions that leverage high‑performance analog, mixed‑signal and digital signal processing technology, including integrated circuits, algorithms, software and subsystems. The transaction closed on September 17, 2026.

Cravath represented the underwriters in connection with the $1.3 billion registered notes offering of TR Finance LLC, an indirect wholly owned subsidiary of Thomson Reuters Corporation, a global content and technology company. The transaction closed on September 17, 2026.

Cravath represented the underwriters in connection with the $5 billion registered senior notes offering of Dell International L.L.C. and EMC Corporation. Dell International L.L.C. and EMC Corporation are wholly owned subsidiaries of Dell Technologies, a leading integrated technology solutions provider in the IT industry. The transaction closed on September 15, 2026.

On September 9, 2026, the U.S. District Court for the Southern District of New York granted a motion to dismiss all claims in their entirety on behalf of Cravath client Oddity Tech Ltd. (“Oddity”) and individual defendants in a putative securities fraud class action. 

Cravath represented Illumina, Inc. in connection with its $1 billion revolving credit facility. Illumina, Inc. is a global leader in sequencing- and array‑based solutions for genetic and genomic analysis. The transaction closed on August 13, 2026.

Cravath partners Alyssa K. Caples and Nicholas A. Dorsey participated in the International Bar Association’s 2026 Annual Conference, which was held from October 4‑9, 2026, in Copenhagen, Denmark. Alyssa co‑chaired a panel entitled “The Little Mermaid: Challenges in Cross‑Border Offerings,” which discussed the nature of the requirements and challenges that characterize cross‑border securities offerings and how best to deal with them. Nick spoke on a panel entitled “Directors in the Age of AI: Oversight and Risk in Closely Held Companies,” which examined how AI adoption is transforming operations, risk profiles and value creation in closely held companies and what boards must do in response.

On October 5, 2026, Cravath partner Jeffrey T. Dinwoodie participated in the 2026 Blockchain Regulatory Symposium, hosted by Fordham Law School in New York City. The symposium focused on the future of innovation and regulation for digital assets. Jeff spoke on a panel entitled “Vaults & Everything Apps,” which explored legal and regulatory issues and considerations around crypto vaults and related lending arrangements.

Cravath partner Ryan J. Wichtowski participated in AI & IP USA 2026, hosted by World IP Review, which was held from October 6‑7, 2026, in New York City. The event brought together senior IP leaders to share practical examples of how they are using AI to improve efficiency, strengthen decision‑making and create greater value for their organizations. Ryan led a roundtable on how IP teams can prepare for AI.

On September 29, 2026, the Harvard Law School Forum on Corporate Governance published Cravath’s latest quarterly newsletter on M&A, activism and corporate governance. The newsletter provides insight into practical points, key takeaways and relevant developments across the M&A, activism, tax, regulatory and corporate governance landscape during the second quarter of 2026. Contributors to this edition include partners Margaret T. Segall, Evan A. Hill, Matthew L. Ploszek, Kimberley S. Drexler and Adam M. Sanchez.

Cravath partner David J. Kappos participated in the Intellectual Property Owners Association’s 2026 Annual Meeting, which was held from September 27‑29, 2026, in Toronto, Canada. The event brought together intellectual property (IP) professionals from around the world to discuss strategies, trends and best practices. Dave spoke on a panel entitled “AI, Trade Policy and IP: Navigating the U.S.‑China Landscape,” which examined the rapidly evolving intersection of AI, trade and IP in the U.S. and China and explored how geopolitical dynamics, export controls and cross‑border collaboration impact IP strategy and risk management for global organizations. He was also the featured guest speaker at an open house featuring IPO’s AI, Data & New Emerging Technologies Committee and Software Related Inventions Committee.