Software AG (as succeeded by Mosel Bidco AG), sold its webMethods and StreamSets business, an AI-enabled integration platform, bringing together APIs, application, data, B2B, and events integration capability, enabling innovation and driving agility, productivity and governance across the modern hybrid enterprise (“Target”) to IBM for €2.13 billion. Paksoy acted as local counsel to Software AG, along with Simpson Thacher & Bartlett London acting as global counsel for the multijurisdictional transaction.
The Target is a technology leader in application integration, API management, and data integration, serving more than 1,500 clients across the globe.
Paksoy is pleased to announce that a team led by partner Nazlı Bezirci and senior associate Melisa Sevinç Atılganer, acted as Turkish counsel to Software AG on this transaction.
Share
Related persons
You can contact us for detailed information.


Legal Information
This briefing is for information purposes; it is not legal advice. If you have questions, please call us. All rights reserved.
You May Be Interested In
12 February 2025
Paksoy advises EBRD on an EUR 80m loan to Ulusoy Un for renewable energy projects and energy efficient capacity expansion
EBRD is providing an EUR 80 million loan to Ulusoy Un to finance its renewable energy projects and energy efficient capacity expansion. We…
11 February 2025
Paksoy advises Ontex Group on the sale of its Turkish subsidiary to Dilek Group
Ontex Group, a leading international developer and producer of personal hygiene products, has entered into a binding share purchase…
8 November 2024
Paksoy advises General Atlantic on USD 500 million Series E investment in Insider as local counsel
Insider, a software company specializing in AI-powered customer experience and customer engagement is set to receive USD 500 million in its…
24 October 2024
Paksoy advises Korean consortium on landmark investment in Nakkaş-Başakşehir section on Northern Marmara Highway Project
The financial signing ceremony for the Nakkaş-Başakşehir section of the Northern Marmara Highway Project was held on 18 October 2024. The…
24 October 2024
Paksoy advises Türkiye Wealth Fund on its inaugural sukuk issuance
We are proud to be a part of the USD 750 million inaugural sukuk issuance of Türkiye Wealth Fund. Congratulations to the Türkiye Wealth…