10/09/2024 | Press release | Distributed by Public on 11/09/2024 02:15
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.
The Cravath team is led by partner Ting S. Chen and includes associates Esther Kang, Danielle A. Solaru, Cindy Yuan and Cierra Coury on M&A matters; partner J. Leonard Teti II, of counsel Kiran Sheffrin and associates Sonia Katharani-Khan and Michael Pelle on tax matters; partner Jonathan J. Katz and senior attorney Arian Mossanenzadeh on executive compensation and benefits matters; partner Jesse M. Weiss and foreign associate attorney Aleine Obregón on antitrust matters; partner Matthew Morreale on environmental matters; and senior attorney Joyce Law on real estate matters. Oscar Porter also worked on executive compensation and benefits matters.