IBM’s Acquisition of McD Tech Labs from McDonald’s
October 27, 2021
On October 27, 2021, IBM announced it has entered into an agreement with McDonald’s to further accelerate the development and deployment of its Automated Order Taking technology. Under the agreement, IBM will acquire McD Tech Labs, which was created to advance employee and customer facing innovations. Cravath is representing IBM in connection with the transaction.
The Cravath team is led by partners Daniel J. Cerqueira and George F. Schoen and includes associates William F. Roegge, Bethany A. Pfalzgraf and Jarrod L. Hall on M&A matters; partner J. Leonard Teti II, senior attorney Kiran Sheffrin and associate Joana W. Li on tax matters; practice area attorney Aaron S. Cha and associate Laura S. Lee on executive compensation and benefits matters; senior attorney Joyce Law on real estate matters; and senior attorney Jesse M. Weiss on regulatory matters.
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J.D., 2013, Harvard Law Schoolmagna cum laude
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B.A., 2010, Cornell UniversityPhi Beta Kappa
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J.D., 1998, University of Chicago Law Schoolwith Honors
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J.D., 2014, Columbia Law SchoolHarlan Fiske Stone Scholar
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J.D., 2013, Brooklyn Law Schoolmagna cum laude
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