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Transaction/Case Details

Bombardier signs C$700M agreement with IBM to accelerate IT Business Transformation

DATE CLOSED

May 10, 2017

BUSINESS SECTOR

Technology

LEAD OFFICE

Montreal


OVERVIEW

On May 16, 2017,  Bombardier Inc. announced it reached a long-term partnership agreement with leading IT consulting firm IBM to support the global integration of Information Technology services across Bombardier Transportation and the Company’s aerospace segments.

The new six-year deal valued at approximately C$700 million spans 47 countries and is expected to generate recurring savings, providing a solid foundation to drive efficiency within Bombardier’s global IT organization.  The deal  is innovative because it involves complex issues of cross-border data flow (both Canadian and EU data protection obligations) and complex cloud computing data security and data location issues.

McCarthy Tétrault LLP advised Bombardier with a team led by Charles Morgan that included Xin Gao, Anaïs Galpin, Bianca Déprés, Jade Buchanan (Technology/Commercial), Jacques Rousse, and Cristina Toteda (Labour & Employment).

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