Uría Menéndez advises on the sale of a number of technology platforms to IBM

Uría Menéndez has advised Software AG on the sale of a number of technology platforms to IBM. The transaction has required a complex asset divestiture and simultaneous closing with more than 50 jurisdictions involved, and in which the Spanish subsidiary of Software AG had a very relevant role in several of them, as the parent company of the businesses in several Latin American countries, in addition to the Iberian businesses.

Pedro Ravina (partner, M&A-Private Equity), Lorenzo de Benito Lobo (senior associate, M&A-Private Equity) and Javier Churtichaga Doménech (graduate, M&A-Private Equity) led the transaction in Spanish law, while Catarina Tavares Loureiro (partner, M&A-Private Equity), Marta Sampaio Pinto (senior associate, M&A-Private Equity) and Inês Freitas De Almeida (junior associate, M&A-Private Equity) advised on Portuguese law. In labor and employment law, Daniel Cerrutti Buendía (partner, Labor), Paula Alonso Barrera (senior associate, Labor) and Belén Velasco Pardo (senior associate, Labor) advised.