Uría Menéndez provided legal advice to Software AG during the sale of various technology platforms to IBM. The transaction involved a complex asset divestiture and simultaneous closing across more than 50 jurisdictions. The Spanish subsidiary of Software AG played a significant role in the deal, acting as the parent company for businesses in several Latin American countries, as well as in the Iberian region.
The team at Uría Menéndez that handled the transaction included Pedro Ravina, Lorenzo de Benito Lobo, and Javier Churtichaga Doménech for Spanish law. Catarina Tavares Loureiro, Marta Sampaio Pinto, and Inês Freitas De Almeida advised on Portuguese law. In labor and employment law aspects of the deal, Daniel Cerrutti Buendía, Paula Alonso Barrera, and Belén Velasco Pardo provided legal counsel.
Uría Menéndez’s expertise in M&A and labor law was crucial to successfully navigating the legal complexities and regulations in multiple jurisdictions during this high-stakes transaction. The team collaborated closely to ensure a successful outcome for Software AG.