Four Sidley lawyers contributed to the 22nd edition of The International Comparative Legal Guide – Merger Control 2026, a book recently published by Global Legal Group Ltd., London. The book provides corporate counsel and international practitioners with a comprehensive legal analysis of the merger control laws and regulations in 30 jurisdictions around the world. Laura Collins and Miriam Carrol Silvestri (both in Washington, D.C.) wrote the USA chapter, and Ken Daly and Iva Todorova (both in Brussels) wrote the European Union chapter.
This article appeared in the 2026 edition of The International Comparative Legal Guide – Merger Control 2026, published by Global Legal Group Ltd., London.
Acting Chairman Pham Announces Withdrawal of Outdated Digital Assets Guidance | CFTC
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December 11, 2025
WASHINGTON — Commodity Futures Trading Commission Acting Chairman Caroline D. Pham today announced the CFTC is withdrawing outdated guidance related to actual delivery of “virtual currencies,” given the substantial developments in crypto asset markets.
“Eliminating outdated and overly complex guidance that penalizes the crypto industry and stifles innovation is exactly what the Administration has set out to do this year,” said Acting Chairman Pham. “Today’s announcement shows that with decisive action, real progress can be made to protect Americans by promoting access to safe U.S. markets.”
The withdrawal of the guidance enables the CFTC to continue its ongoing work to implement the recommendations in the President’s Working Group on Digital Asset Markets report. The CFTC will consider whether updated guidance or FAQs are appropriate, and encourages the public to engage with feedback via the CFTC’s Crypto Sprint.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
It normally takes a lot more than three companies to create an initial public offering boom. But if those three companies are SpaceX, OpenAI and Anthropic, Wall Street may soon find itself in the middle of an IPO boom for the ages.
In one of the first clear signs that some of the most valuable private tech companies have set the wheels in motion to go public, the Financial Times last week reported Anthropic had appointed lawyers to lay the groundwork. That puts it a step ahead of OpenAI, which is also considering an IPO. Reports in recent days, first by Bloomberg, suggest Elon Musk’s rocket company SpaceX is also gearing up to go public.
It’s not hard to see why. Private equity investors have provided huge amounts of capital for these companies, but they have their limits. OpenAI has raised $41bn of equity this year and will need much more before turning a profit. SpaceX is reported to be planning to raise more than $30bn in an IPO.
They would fill a useful niche for public market investors. As pure-play model builders, OpenAI and Anthropic would provide a new way for Wall Street to bet on artificial intelligence. And SpaceX, which accounted for more than half of all rocket launches last year, would be unrivalled as a wager on the future space economy.
If all three go public at roughly the same time, possibly next year, it would be an extraordinary moment for Wall Street. The headline numbers would be head-spinning. SpaceX is hoping to be valued at $800bn in its latest private share sale, while Anthropic is targeting $350bn. OpenAI’s most recent share sale was at $500bn.
Given that anyone investing now would be hoping for another big lift before IPO day, the eventual numbers, if all goes to plan, would be much larger still. Any one of these would put the previous record for a tech IPO — the valuation of more than $230bn Alibaba achieved in its 2014 debut — in the shade.
They might also break new ground with the scale of their losses and need to convince investors of the sustainability of their business models.
One indicator of the amount of red ink OpenAI is spilling has come from Microsoft, which put its share of the AI company’s losses at $4.1bn in the latest quarter. Given that it owned about a third of the company, that suggests the ChatGPT maker as a whole may have lost roughly $12bn — a daunting figure, though one-off factors or other things may have inflated the number.
At the same time, though, the growth of OpenAI’s business since the launch of ChatGPT has been nothing short of spectacular, and another year or 18 months could make a huge difference.
Its revenue has grown in rough proportion to its data-centre capacity, roughly tripling in each of the past two years, said a person familiar with its finances. With just under 2 gigawatts of capacity, it is ending this year with revenue at an annualised rate of $20bn. The company’s plans call for capacity to jump to 6GW — 6.5GW by the end of next year. It seems cautiously optimistic that the pattern will hold, putting the revenue run-rate at $60bn by the end of 2026, though a number of questions around the timing of its ability to monetise its new data centres may complicate the picture.
Even when they are willing to back lossmakers, though, public markets have a way of turning up the heat. Uber, the last big lossmaking tech company to list, faced intense pressure in its early years. It was not until after it reported its first operating profit years later that its shares finally found a sustainable level above the IPO price.
Then there is the question of governance. Wall Street has been open to tech companies that concentrate voting power in the hands of founders. It has less experience of groups whose missions might put them at odds with the interests of their shareholders.
A fundamental question hangs over the crop of mega-IPO candidates. Does OpenAI see ChatGPT and others as a way to fund its original mission, which was to make sure AI benefits all of humanity? Or is it a profit-maximising business that just happens to see helping humanity as a side-benefit?
A similar question hangs over SpaceX. If Musk’s overriding goal is to get to Mars — the reason he said he set the company up — what kind of trade-offs might his company make between profitability and space exploration?
The stock market, though, has shown plenty of appetite for one Musk stock, lifting Tesla well above its possible value as a pure car company. Given the chance to invest in the dominant commercial rocket company, there is every reason to believe it would welcome a second.
(Bloomberg) — Buyers emerged for US stocks after concerns on Oracle Corp.’s plans for vast capital outlays on artificial-intelligence infrastructure drove a broad retreat from risky assets.
The S&P 500 clawed back losses to climb 0.1%, putting it back near its October peak. Blue-chip and small-cap gauges, long laggards in the tech-led equity bull run, climbed to all-time highs. The Nasdaq 100 pared a 1.6% drop, though sentiment for tech stocks remained downbeat after a disappointing earnings report for Oracle, a bellwether of the AI investment boom. Traders will get another read on the strength of the AI trade when Broadcom Inc. reports after the close.
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Caution toward AI heavyweights persisted, with Nvidia Corp. down around 1.9% amid Magnificent Seven losses. Bitcoin pared a drop after dipping below $90,000. The dollar ticked lower.
Broadcom’s stock has more than doubled from its April low, and Bloomberg Intelligence expects results that are in line with, or slightly above, estimates as hyperscaler customers continue to ramp up spending.
Oracle’s results pushed worries about tech valuations and whether heavy spending on AI infrastructure will pay off back into focus, reviving concerns that fueled weeks of volatility in November. While the sector has powered the S&P 500’s stunning rally this year, spending fears have prompted some investors to rotate into other areas as the US economic outlook remains robust.
“Markets have grown far more wary of AI-related spending, which is a sharp contrast with mid-2025 when anything hinting at higher capex sparked excitement,” said Susana Cruz, a strategist at Panmure Liberum. “Oracle has been the weakest link in all this, largely because it’s funding a big chunk of its investment with debt.”
Oracle’s earnings landed after the S&P 500 closed just shy of a record on Wednesday, lifted by a Federal Reserve interest-rate cut and Chair Jerome Powell’s sanguine economic outlook.
Investors had taken comfort in Fed policymakers leaving the door open to more easing next year, even though the quarter-point cut drew three dissents. Traders stuck to bets on two cuts in 2026, even as the Fed’s new projections signaled only one such move.
“The effect of Oracle has been greater than the Fed. This already tells us everything as we’ve been witnessing a strong concentration and one theme — AI — leading the market,” said Alberto Tocchio, a portfolio manager at Kairos Partners. “This doesn’t mean that AI is gone or it’s a bubble, but we need to focus on a wider scale.”
US Treasuries rallied after the rate cut was paired with the authorization of fresh bill purchases to rebuild bank reserves. The gains continued after initial jobless claims rose more than expected in the Dec. 6 week, but waned in late afternoon trading as the yield on the 10-year note steadied at 4.14%.
Powell suggested that the Fed had now acted sufficiently to help stabilize the labor market while leaving rates high enough to continue weighing on price pressures. Officials upgraded their median outlook for growth in 2026, to 2.3% from the 1.8% they projected in September. They also foresaw inflation declining to 2.4% next year, from the 2.6% in the previous projection.
“The Fed’s ‘hawkish-but-bullish’ cut last night reinforces this: stronger 2026 growth, faster disinflation,” said Florian Ielpo, head of macro at Lombard Odier Investment Managers. “Cuts are continuing, but they’re no longer automatic — and that’s usually a constructive backdrop for equities.”
In commodities, oil retreated tracking wider losses in risk assets. Silver extended an all-time high past $63 an ounce.
What Bloomberg Strategists say…
“Rather than signaling an imminent bust in tech shares, Oracle’s earnings disappointment is poised to further redefine the divide between AI winners and losers. The next stage of the AI cycle promises even more dispersion, as companies battle for a share of booming AI spending as well as superior efficiency and cost advantages on the provider side.”
—Tatiana Darie, Macro Strategist, Markets Live. For the full analysis, click here.
Corporate News
Walt Disney Co. agreed to invest $1 billion in OpenAI and license characters from Disney, Marvel, Pixar and Star Wars for use on the Sora generative video platform. A next-generation obesity shot from Eli Lilly & Co. helped patients lose almost a quarter of their body weight, potentially making the experimental drug the most potent weight-loss medicine yet. The stock rose in premarket trading. Oracle Corp. shares fell in early trading after the company reported a jump in spending on AI data centers and other equipment, rising outlays that are taking longer to translate into cloud revenue than investors want. OpenAI and its investor Microsoft were sued over a Connecticut murder-suicide in the latest case to blame the popular ChatGPT chatbot for dangerous psychological manipulation of users. Novo Nordisk A/S shares have fallen so much this year that it’s almost as if the frenzy around weight-loss drugs that propelled the Danish pharmaceutical company’s meteoric rise never happened. Coca-Cola Co. said Chief Executive Officer James Quincey is stepping down and will be replaced at the end of March by Henrique Braun, the company’s chief operating officer. Some of the main moves in markets:
Stocks
The S&P 500 rose 0.1% as of 3:32 p.m. New York time The Nasdaq 100 fell 0.5% The Dow Jones Industrial Average rose 1.4% The MSCI World Index rose 0.3% The Russell 2000 Index rose 1.2% Currencies
The Bloomberg Dollar Spot Index fell 0.3% The euro rose 0.4% to $1.1743 The British pound was little changed at $1.3392 The Japanese yen rose 0.3% to 155.54 per dollar Cryptocurrencies
Bitcoin fell 1.3% to $91,177.64 Ether fell 4% to $3,206.95 Bonds
The yield on 10-year Treasuries was little changed at 4.14% Germany’s 10-year yield was little changed at 2.84% Britain’s 10-year yield declined two basis points to 4.48% Commodities
West Texas Intermediate crude fell 1.2% to $57.75 a barrel Spot gold rose 1% to $4,270.69 an ounce This story was produced with the assistance of Bloomberg Automation.
–With assistance from Neil Campling and Sagarika Jaisinghani.
Enova International, a leading financial services company powered by machine learning and world-class analytic, has agreed to buy Grasshopper Bancorp –the parent of digital bank Grasshopper Bank – in a strategic transaction combining Enova’s consumer and small business online lending platform with Grasshopper’s digital banking infrastructure.
In a unique transaction involving a fintech acquiring a bank charter, the deal is valued at about $369 million to be paid in a mix of cash and newly issued Enova shares. It is expected to close in the second half of 2026, subject to Grasshopper stockholder and regulatory approvals.
Grasshopper Bancorp, founded in 2019, operates Grasshopper Bank, a full‑service digital bank with more than $1.4 billion in total assets, and approximately $3 billion in total deposits via its direct and Banking‑as‑a‑Service (BaaS) offerings. The company provides digital financial solutions for commercial and consumer customers, including fintech‑focused BaaS and API banking platforms, commercial and SBA lending, and consumer banking services.
The Squire Patton Boggs team acting for Grasshopper was led by Jim Barresi, Alison LaBruyere, Derrick Cephas, and Samantha Caspar.
London, UK — KPMG International announced today that it has achieved the ISO 42001:2023 certification, the world’s first international standard for AI Management Systems. KPMG International is the first of the Big Four’s international entities to receive this accolade, underscoring the firm’s global leadership in responsible, ethical, and trustworthy AI. This achievement builds on the momentum of ISO 42001 certifications already earned by KPMG member firms in Australia, Spain, India, and the USA.
ISO 42001, developed by the International Organization for Standardization, provides a comprehensive framework for the design, development, and use of AI systems. The standard requires a robust system of controls to ensure accountability and trust while mitigating risk in AI deployment.
The company will match federal contributions for eligible U.S. employees’ children, strengthening financial access for families.
NEW YORK, Dec. 11, 2025 /PRNewswire/ — BNY (NYSE: BK) today announced its participation in the U.S. government’s investment initiative for children, continuing the company’s long history of expanding financial access and opportunity for employees and their families. As one of the first financial services companies to join the program, BNY will match the federal government’s $1,000 contribution for eligible newborns of its eligible U.S. employees, doubling the investment in each child’s future.
BNY’s participation builds on its broader efforts to strengthen employees’ financial opportunity, including BK Shares equity grants, new student loan matching, enhanced 401(k) features and expanded support for saving and investing at every career stage.
“For more than two centuries, BNY has supported our nation’s financial ecosystem and the people who power it, including our own employees. This initiative advances that mission in a meaningful way,” said Robin Vince, Chief Executive Officer, BNY. “By matching the government’s contribution, we’re helping our employees give their children a head start toward a stronger financial future.”
The children’s savings account program, passed by Congress and signed into law by President Trump in the One Big Beautiful Bill Act, and provides for a $1,000 pilot contribution from the U.S. Treasury into a tax-advantaged account for eligible children born in the U.S. between 2025 and 2028.
BNY’s match of the pilot contribution will provide an additional $1,000 per eligible child once the account is opened and verified, helping families start saving from day one.
“We want every family to have the chance to build a strong foundation,” said Shannon Hobbs, Chief People Officer, BNY. “BNY is proud to match the government’s investment in these children’s futures for our eligible employees. This benefit reinforces our dedication to helping our colleagues and their families access financial opportunities from the very beginning.”
About BNY
BNY is a global financial services company that helps make money work for the world — managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of September 30, 2025, BNY oversees $57.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.
Perficient’s AI-First Methodology Drives Measurable Client Outcomes in Experience Design, Build, and Strategy
SAINT LOUIS (December 11, 2025) – Perficient, a global consultancy transforming the world’s most innovative companies through AI-first solutions, today announced that it has been named a Major Player in three IDC MarketScape reports: IDC MarketScape Worldwide Experience Design Services 2025 Vendor Assessment (Doc #US52973225, October 2025), IDC MarketScape Worldwide Experience Build Services 2025 Vendor Assessment (Doc #US52973125, October 2025), and IDC MarketScape Worldwide Customer Experience Strategy Consulting Services 2025 Vendor Assessment (Doc #US52973025, September 2025).
As customer expectations reach unprecedented levels, organizations face mounting pressure to deliver AI-powered experiences that are both personalized and scalable. Perficient is disrupting the technology services category, and the firm believes its inclusion in these IDC MarketScape reports underscores the strength of its strategy, progress, and delivery of solutions that help transform businesses.
“Our clients value Perficient’s AI-first approach because it transforms customer experiences and delivers measurable business results,” said Erin Rushman, general manager of digital marketing and experience design operations, Perficient. “We believe being recognized by IDC for Experience Design and Experience Build reinforces the impact we have on behalf of clients creating personalized, seamless interactions that accelerate growth. In today’s experience-driven economy, that’s the competitive advantage that matters.”
“In my evaluation of Perficient for the IDC MarketScapes focused on Experience Design and Experience Build, it is evident that Perficient is a good choice for organizations looking for a global services provider that is AI forward and can combine client intimacy with industrial-strength capabilities in digital transformation and experience design and build,” said Douglas Hayward, senior research director, worldwide customer experience services and strategies, IDC.
The Experience Design (XD) and Experience Build (XB) IDC MarketScapes assessed vendors through a comprehensive framework in which product and service offerings, capabilities and strategies, and current and future market success factors of the vendors can be compared.
According to the IDC MarketScape for XD, “Perficient has strong capabilities in digital offering design and offers leading-edge experience design services backed by a global innovation network.” The report also notes, “In conversations with Perficient’s reference clients, the three areas where experience design services buyers commended the vendor highly were for the quality of its professionals, for its industry specific capabilities, and differentiation as a vendor.”
The IDC MarketScape for XB states, “As an independent digital experience agency, Perficient combines business and technology transformation capabilities, including a robust collection of supporting assets and tools, with a focus on the design and build of customer experiences. Perficient has strong personalization capabilities.”
Perficient was also named a Major Player in the IDC MarketScape for Worldwide Customer Experience (CX) Strategy Consulting Services. This report evaluates customer experience strategy consulting firms, offering a comprehensive framework including providers’ current capabilities and future strategies. Perficient believes being named a Major Player emphasizes its commitment to partnering with organizations and prioritizing scalable, transformative CX solutions with a reliable and flexible approach to achieving impactful results.
For more information about Perficient’s digital experience expertise, follow us on social media.
About Perficient
Perficient is the global AI-first consultancy. We’re builders—obsessed with outcomes and powered by pragmatism—and, through speed and agility, we help the world’s most innovative companies and admired brands boldly advance business. For more information, visit www.perficient.com.
About IDC MarketScape:
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.
Today Porsche celebrates what would have been the 90th birthday of F. A. Porsche. In honor of this milestone Porsche has created a special car for the occasion: the 2027 911 GT3 90 F. A. Porsche. Exterior and interior design is inspired by a 911 model (G body) which F. A. Porsche drove in the 1980s. Sonderwunsch Manufaktur will produce 90 units globally, one of which will be delivered to his son Mark Porsche. Buyers of this special vehicle can look forward to a unique program as part of their personal product consultation, during which they can customize their example further.
F. A. Porsche inspired details such as the bespoke F. A. Green metallic paint and special Grid-Weave fabric
Unique experience for buyers includes exclusive product consultation
Limited edition of the Chronograph 1 and travel bag from Porsche Design included
“When you consider the function of a product, in most cases the form follows suit automatically,” was the creative credo of Ferdinand Alexander Porsche, also called F. A. His vision of an uncompromised product focused on the essentials defined the legendary 911. In 1972 he founded the design studio ”Porsche Design“ together with his brother Hans-Peter. Creations he developed in this studio such as the Chronograph 1 wristwatch or the P’8478 sunglasses with changeable lenses quickly became classics of modern design.
To commemorate what would have been his 90th birthday, the Sonderwunsch team created a special memento working together with his youngest son, Mark Porsche: the 911 GT3 90 F. A. Porsche. One example will be delivered to Mark Porsche.
F. A. Porsche 90 Years
Today marks what would have been the 90th birthday of Ferdinand Alexander Porsche, often referred to as F. A. Porsche. As one of the grandsons of the legendary company founder, he not only shaped the history of the sports car manufacturer but also left an enduring mark on the world of design.
“I am sure that my father would have loved this very special 911,” Mark Porsche said. “Many details of this exciting project were influenced by his personal taste. The F. A. Green metallic paint – created specifically for this model – is based on the Oak Green metallic of his own 911. The F. A. Grid-Weave fabric on the seat centers was inspired by the pattern of his favorite sport coat.”
The collector car is based on the current 911 GT3 with Touring Package, which is the more subtle version of the race-bred sports car with an adaptive rear spoiler. The naturally aspirated boxer engine develops 502 hp and a maximum torque of 331 lb.-ft.
The 911 GT3 90 F. A. Porsche will carry an MSRP of $387,000 excluding other taxes, fees and optional equipment. A special customer consultation period dedicated to one-on-one personalization for each order will precede production, which is scheduled to begin mid-2026.
An exclusive edition of the Chronograph 1 and a special Weekender travel bag from Porsche Design will be delivered with each car. After each customer has specified the final configuration, production will commence in mid-2026.
Paint to Sample Plus color inspired by the green 911 of F. A. Porsche
The exclusive paint of the special model is F. A. Green metallic, a color created with input from the Porsche family intended to reference F. A. Porsche’s own 911 in Oak Green metallic. Sport Classic wheels painted in Satin Black – which are otherwise not available for the 911 GT3 with Touring Package – are another unique exterior design feature. Smaller special details include a Porsche crest in the design from 1963 on the center lock hubs. The rear decklid grille is decorated with a gold plaque that features a “90 F. A. Porsche’ logo.
Inspired by a sport coat pattern: special fabric for the seat centers
Limestone stitching and seat centers in special F. A. grid-weave fabric complement the Truffle Brown Club Leather interior as a homage to F. A. Porsche. The same fabric is also used in the glove compartment and for the mat in the front trunk.
The woven pattern of the fabric contains five colors: black, green, truffle brown, cream and Bordeaux red.
“My father’s favorite sport coat carried this pattern. Like his pencil, his pipe and his ashtray, this coat is part of my childhood memories and directly linked with his home office,” Mark Porsche said.
The Sport Chrono clock atop the instrument cluster is modeled after the original Chronograph 1, which was created as a one-off for F. A. Porsche. A shift lever with an open pore walnut handle is another interior highlight. A plaque engraved with F. A. Porsche’s signature sits below the shift boot. The dashboard trim piece also features a gold plaque with the silhouette of the original 911, a “one of 90” designation and a recreation of F. A. Porsche’s signature.
Additionally, the storage area in the center console is embroidered with a design mirroring the plaque on the rear decklid. The special designation is stitched into the back side of the rear seats in Limestone Beige.
Exclusive edition of the Porsche Design Chronograph 1
Buyers of the 911 GT3 90 F. A. Porsche will receive an exclusive edition of the Chronograph 1. Luminescent material consisting of special Super-LumiNova® applied to the hands and indices is meant to recreate the look of aging radium or tritium to create a patina-like effect. A historic Porsche Design logo on the lock of the wristband and the crown underscore the unique vintage character. F. A. Porsche’s initials are positioned above the day and time display at the 3-o’clock position. Typically, the Porsche Design logo can be found here; however, for his personal example which is still in the Porsche family’s possession today, F. A. Porsche had his initials marked there. The rotor of the automatic function is modeled after the design and color of the wheels on the car. The limitation number (XX/90) and the signature F. A. Porsche are laser-engraved into the underside of the housing. As opposed to the original, the housing is made of ultra-light, robust and hypoallergenic titanium, but kept in black like the historic model from 1972 that it references.
As an alternative to the black titanium bracelet, buyers can also opt to use an additionally provided leather strap. Leather and stitching are reflective of the materials used in the interior of the special car. Thanks to the quick exchange system, the wristbands can be swapped easily without the use of tools. Like all Porsche Design watches, the Chronograph is COSC-certified. It is constructed by hand in the Porsche-owned watch manufactory in Switzerland.
The special watch is based on the “Chronograph 1 – 1972 Limited Edition,” which Porsche Design introduced to celebrate its 50th anniversary in 2022. It follows the design of the original in great detail and carries state-of-the-art technology. The story behind it: The first work order placed to the young Porsche Design business came from Porsche AG: a watch for exceptional employees and anniversaries. Twenty examples were originally ordered. The dashboard of the Porsche 911 served as a design inspiration due to the fact that its information can be displayed and read clearly in all driving situations. F. A. carried over this design and functionality to the watch itself: a matte black watch face, fluorescent white indices and watch hands as well as a notable red stop second hand. The “Chronograph I” was the first all-black wristwatch in the world and quickly became a classic as well as a symbol of the functional design principles of F. A. Porsche.
About F. A. Porsche and Porsche Design
Ferdinand Alexander Porsche was born on December 11, 1935. From an early age he developed a passion for design. He studied briefly at the renowned University of Design in Ulm before starting an internship in the modeling department at Porsche in 1957. In March of 1961, the modeling department is separated from the body work construction division and integrated into the “Studio“ F. A. Porsche.” Under the leadership of their young CEO, the 901/991, the 804 Formula One race car and the Porsche 904 Carrera GTS are created. He founded Porsche Design in Stuttgart together with his brother Hans-Peter in 1972. Two years later, the design studio moved to Zell am See in Austria – close to the Schüttgut. In the following decades, F. A. Porsche developed numerous men’s accessories such as mechanical watches, eye glasses, lighters and pipes, as well as writing utensils that rise to world fame under the “Porsche Design” marque. In parallel, he and his team engineered a number of industry products, household appliances and other useful tools for internationally renowned companies under the label. “Design by F. A. Porsche.” F. A. passed away on April 5, 2012 in Salzburg, Austria.
The Design studio in Zell am See, which carries the name “Studio F. A. Porsche” in honor of its founder is at the core of the Porsche Design marque to this day. Carrying on F. A. Porsche’s vision, all designs do not follow short-lived trends, but rather a timeless and functional design philosophy.
