Processing timeline
25
days
Filed
26 June 2026
Decision Due
7 Aug 2026
Est decision date: 29 July 2026. Based on 40 decided Professional & Business Services notifications.
Acquirer(s)
Wave Merger Sub, Inc. Delaware File Number - 10631976, OpenAI Group PBC Delaware File Number - 10381551, Wave Merger Sub II, LLC Delaware File Number - 7007085
Target(s) or Vendor(s)
Gitpod, Inc. Delaware File Number - 3353320
Other parties
Gitpod GmbH HRB - 22228, OpenAI Foundation Delaware File Number - 5902936
OpenAI Group PBC, controlled by the OpenAI Foundation, proposes to acquire 100% of the share capital of Gitpod, Inc. (Ona). OpenAI develops AI foundational models and AI-powered agents for software development. Ona supplies a platform for enterprises to deploy and orchestrate AI-powered agents for software engineering tasks.
OpenAI Group PBC, an entity controlled by the OpenAI Foundation ( OpenAI ), proposes to acquire 100% of the share capital of Gitpod, Inc. (known as Ona ). OpenAI develops artificial intelligence ( AI ) foundational models, including its GPT family of models, as well as foundation model-based services such as ChatGPT. OpenAI also supplies Codex, an AI-powered agent designed to enable software developers to perform and automate various software engineering tasks, subject to human direction and review. Codex is typically accessed through user-facing interfaces and developer tools and is powered by OpenAI’s own foundation models. Ona (previously known as Gitpod) supplies a platform that enables enterprise customers to deploy and orchestrate AI-powered agents to run software engineering tasks within the customer’s own infrastructure or cloud environment. These agents can run autonomously in the background and at scale, including when individual developers are not actively using their laptops. Ona’s platform works across multiple cloud platforms and with multiple foundation models.
The ACCC has prepared a questionnaire on the Acquisition. Submissions or information in response to the questionnaire should be provided by 3 July 2026 via email to mergers@accc.gov.au with the title Submission re: OpenAI – Ona . The ACCC’s ability to give detailed consideration to submissions received after this time may be limited.