Ropes & Gray represented Brahma, a global AI and content technology company created by the DNEG Group, and the DNEG Group, in Brahma’s acquisition of Metaphysic, a leading developer of AI content creation technologies. The acquisition, implemented by way of merger, will accelerate the development of Brahma’s AI-powered products for enterprise, IP rights-holders, and content creators across industries. The valuation of Brahma following the transaction is US$1.43 billion. The transaction was announced in a Feb. 20 press release.
The team included private equity partners Libby Todd and Carl Marcellino, tax partner Elaine Murphy and Andrew Howard, IP transactions partner Jordan Altman, and litigation & enforcement partner Lisa Kaltenbrunner.
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