Transactions & Cases Detail
Bombardier signs C$700M agreement with IBM to accelerate IT Business Transformation
May 10, 2017
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 Jade Buchanan, Xin Gao, Bianca Déprés, Ana Bronshteyn, and Jacques Rousse.