On July 9, 2025, OpenAI closed its acquisition of io Products, a hardware start-up company co-founded by Jony Ive, for approximately $6.5 billion in stock. Jony Ive and his design firm, LoveFrom, will remain independent and assume deep design and creative responsibilities across OpenAI. Wilson Sonsini advised Jony Ive and LoveFrom on the transaction.

The Wilson Sonsini team was led by Marty Korman, Ethan Lutske, and Christopher Paniewski. The team also included the following:

Corporate
Melissa Rick
Erin Malone-Shkurkin
Melis Kilic

Technology Transactions
Barclay Oudersluys
Dena Smith

Delaware
Adrian Broderick
Sara Pollock

Tax
Myra Sutanto Shen
Robert Sherrill

Employee Benefits and Compensation
Brandon Gantus
Jessica Bliss
Kristen Stidham

Antitrust and Competition
Jamillia Ferris
Kimberley Biagioli

Employment Litigation
Matt Gorman

For more information, please see OpenAI’s and Jony Ive's joint blog post. Additional coverage can be found on Bloomberg and The Verge.