Travers Smith LLP has advised Tomoro on its acquisition by OpenAI in connection with OpenAI's newly launched OpenAI Deployment Company.
Tomoro is an applied AI consulting and engineering firm that helps enterprises turn AI into operational advantage. It is the founding acquisition for OpenAI Deployment Company, a new company designed to help organizations build and deploy AI systems. OpenAI Deployment Company is a committed partnership between OpenAI and 19 leading global investment firms. It has launched with $4 billion of initial investment.
The strategic acquisition of Tomoro will provide OpenAI Deployment Company with 150 experienced Forward Deployed Engineers and Deployment Specialists who will work directly inside organisations to design, build and deploy production AI systems connected to real data, tools and workflows.
Corporate M&A & ECM partner Ella Sharpley said: "It was a privilege to act for Tomoro on this landmark transaction. This acquisition represents a significant milestone not just for Tomoro, but for the broader AI deployment landscape. From the outset, it was clear that this was a meeting of genuine strategic alignment - two organisations that share a compelling vision for how AI can meaningfully transform the way people work. We are proud to have supported the Tomoro team in reaching this moment, and we look forward to seeing what they achieve as part of OpenAI Deployment Company."
The Travers Smith team was led by corporate partner Ella Sharpley, with support from Head of Transactions Aaron Stocks, Senior Associate Mike Daley, Associates Melinda Karva and Milo Knights and Trainee Jake Mustard. Merger control and FDI advice was provided by Partner Ingrid Hodgskiss and Associate Brooke Gibson. Tax advice was provided by Head of Tax Hannah Manning and Associate Amy Broderick. Advice on the share option schemes was provided by Partner Elissavet Grout and Associate Robert McGowan Stuart. Employment advice was provided by Senior Counsel Marianne Parkinson and Associate Charlotte Nielsen. Advice on commercial contracts and intellectual property was provided by Senior Counsel Rosie Westley and Associate James Davis.
This acquisition is subject to customary closing conditions.
