Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 24-02-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | IBM Acquisition of Cloudant | Industry: | Technology Hardware & Equipment |
| Description: |
On February 24, 2014, IBM announced a definitive agreement to acquire Boston, Massachusetts-based Cloudant, Inc., a privately held database-as-a-service (DBaaS) provider that enables developers to easily and quickly create next-generation mobile and web apps. Cravath represented IBM in connection with this transaction, which is expected to close in the first quarter of 2014. Financial terms were not disclosed.
The Cravath team included partner George F. Schoen and associates Nicholas A. Dorsey, Keith Hallam and Edmund Mokhtarian on M&A matters; partner Jennifer S. Conway and associates Matthew Cantor and Amy C. Benford on executive compensation and benefits matters; partner Andrew W. Needham and associate Matthew O. Williams on tax matters; partner Matthew Morreale on environmental matters and practice area attorney Gary R. Eisenman on real estate matters. Debra M. Aboodi and Martin T. Mohr also worked on M&A and tax matters, respectively.
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| Financial Center: | New York | Value: | 0.00-0.00 |
| Advised Party: | Acquiror | Law Firm | Cravath |
| Target Company Jurisdiction: | United States | Acquiror Jurisdiction: | United States |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | George F Schoen |
