On March 30, 2016, IBM announced its plans to acquire Bluewolf Group LLC, one of Salesforce’s top partners and a globally recognized leader in cloud consulting and implementation services. Together, Bluewolf and IBM will extend IBM’s analytics, experience design and industry consulting leadership with one of the world’s leading Salesforce consulting practices to deliver differentiated, consumer‑grade experiences via the cloud. Cravath represented IBM in connection with this proposed transaction. Financial terms were not disclosed.
The Cravath team included associates Michael E. Mariani, Matthew M. Kelly, Nicoleta D. Lupea and Justin B. Stein on M&A matters; practice area attorney Romica Singh and associate Peretz Riesenberg on executive compensation and benefits matters; partner J. Leonard Teti II, senior attorney Andrew Carlon and associates Antje Hagena and Tara L. Rhoades on tax matters; senior attorney Joyce Law on real estate matters; and partner Matthew Morreale on environmental matters.
Deals & Cases
April 07, 2025
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.
Deals & Cases
September 10, 2024
On September 9, 2024, IBM announced its intent to acquire Accelalpha, a global Oracle services provider with deep expertise helping clients digitize core business operations and accelerate adoption of Oracle Cloud Applications. This acquisition expands IBM's Oracle consulting expertise in supply chain and logistics, finance, enterprise performance management and customer transformation. Cravath is representing IBM in connection with the transaction.
Deals & Cases
February 20, 2024
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
January 25, 2024
On January 18, 2024, IBM announced it has signed a definitive agreement to acquire application modernization capabilities from Advanced, bringing a combination of talent, tools and knowledge to enhance IBM Consulting’s mainframe application and data modernization services. Cravath is representing IBM in connection with the transaction.
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