IBM to Acquire NS1

Paul, Weiss is advising IBM on the acquisition of NS1, a leading provider of network automation solutions that optimize how businesses deliver content, services and applications to millions of users. The transaction, marks IBM’s second acquisition of 2023. Since April 2020, IBM has acquired more than 30 companies, bolstering its hybrid cloud and artificial intelligence capabilities. The deal is expected to close in the first half of 2023, subject to customary closing conditions and regulatory clearances. Financial terms were not disclosed.

The Paul, Weiss team includes corporate partners Steven Williams and John Kennedy, and counsel Jason Tyler and Patricia Vaz de Almeida; executive compensation partners Jarrett Hoffman and Lawrence Witdorchic; tax partner Scott Sontag and counsel Sohail Itani; litigation partners Joshua Soven, Roberto Gonzalez and Andre Bouchard, and counsel Steven Herzog, Peter Jaffe and Melissa Zappala; and antitrust counsel Marta Kelly.