IBM Watson Health’s $2.6 Billion Acquisition of Truven Health Analytics
February 18, 2016
On February 18, 2016, IBM Watson Health announced plans to acquire Truven Health Analytics, a leading provider of cloud‑based healthcare data, analytics and insights, from Veritas Capital for $2.6 billion. Cravath represented IBM in connection with this transaction.
Upon completion of the acquisition, IBM’s health cloud will house one of the world’s largest and most diverse collections of health‑related data. Truven Health Analytics is IBM’s fourth major health‑related acquisition since launching its Watson Health unit in April 2015, following Phytel, Explorys and Merge Healthcare. Cravath also represented IBM in connection with these acquisitions.
The Cravath team was led by partner George F. Schoen and included associates Peter J. Atlee and Douglas C. Dolan on M&A matters; practice area attorney Romica Singh and associate Aaron J. Feuer on executive compensation and benefits matters; partner J. Leonard Teti II and associates Antje Hagena and Arvind Ravichandran on tax matters; senior attorney Joyce Law on real estate matters; and partner Matthew Morreale on environmental matters.
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People
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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., 2005, University of Virginia School of LawOrder of the Coif
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A.B., 1999, Princeton Universitywith Honors
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J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Pennsylvania
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B.A., 1990, University of Pennsylvania
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B.A.S., 1990, University of Pennsylvania
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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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