IBM acquires StreamSets and webMethods: the advisors

Homburger advised International Business Machines Corporation (“IBM”) on its definitive agreement with Software AG, advised by Niederer Kraft Frey (“NKF”) and owned by Silver Lake, to purchase StreamSets and webMethods, Software AG’s Super iPaaS (integration platform as a service) enterprise technology platforms, for EUR 2.13 bn in cash. This complex carve-out transaction was successfully implemented simultaneously at closing and involved over 50 jurisdictions.

Homburger’s team

The Homburger team advising IBM was led by Daniel Hasler (pictured above) and included Jonas Stähli and Oliver Dalla Palma (all corporate / M&A), Jeremy Reichlin (employment), Dominique Burà (litigation), as well as Peter Müller and Philippe Weber (both tax).

NKF’s team

The NKF team comprised corporate/M&A partner Philipp Haas (pictured below), senior associate Julia Tolstova and associate Pascal Hodel (both corporate/M&A), as well as partner Valerie Meyer Bahar and counsel Livia Keller (both employment).

Philipp Haas - Niederer Kraft Frey
About the acquisition

StreamSets will add data ingestion capabilities to watsonx, IBM’s AI and data platform, while webMethods will give clients and partners additional integration and API management tools for their hybrid multi cloud environments. IBM announced on July 1, 2024, that it has completed the acquisition after receiving all required regulatory approvals.