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Deal Date: 04-03-2015 Practice Area: Corporate and M&A
Deal Title: IBM Acquisition of AlchemyAPI Industry: Technology Hardware & Equipment
Description:
On March 4, 2015, IBM announced it had acquired AlchemyAPI, a leading provider of scalable cognitive computing application program interface (API) services and deep learning technology. Cravath represented IBM in connection with this transaction. Financial terms of the deal were not disclosed. The Cravath team was led by partners George F. Schoen and Keith Hallam and included associate William D. Podurgiel.
Financial Center: New York Value: 0.00-0.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: United States Acquiror Jurisdiction: United States
Classification: Strategic Buyer Acquisitions Private Company
Lawyer George F Schoen