16
Wed, Oct
49 New Articles

Wolf Theiss and Binder Groesswang Advise on Software AG's Restructuring and Sale of its Super iPaaS Business to IBM

Wolf Theiss and Binder Groesswang Advise on Software AG's Restructuring and Sale of its Super iPaaS Business to IBM

Austria
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Wolf Theiss, working with Simpson Thacher & Bartlett, Gorrissen Federspiel, and Hengeler Mueller, has advised Software AG on the carve-out and sale of its Super Integration Platform as a Service business to IBM. Binder Groesswang, working with Cravath, Swaine & Moore, advised IBM.

The transaction, valued at EUR 2.1 billion, closed on July 1, 2024.

Software AG focuses on developing enterprise software for business process management and big data analytics. 

The Wolf Theiss team included Partners Horst Ebhardt, Richard Clegg, and Anna Rizova, Counsel Doris Buxbaum, Senior Associates Staniella Todorova, Yanitsa Radeva, Maria Nikolova, and Zhulieta Markova, and Associate Talliya Romanova.

The Binder Groesswang team included Partner Michael Kutschera, Senior Associate Roswitha Seekirchner, Associate Matija Bernat, and Legal Assistant Ivanna Zinko.

Editor's Note: After this article was published, Paksoy announced that it advised Software AG. The firm's team included Partner Nazli Bezirci and Senior Associate Melisa Sevinc Atilganer.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

Our Latest Issue