By Cody Lee on Sep 22, 2016
Apple has acquired an India/US-based machine learning startup known as Tuplejump, reports TechCrunch. The company has essentially confirmed the buyout, offering up its typical “Apple buys smaller technology companies” statement.
This is the iPhone-maker’s third publicly-known purchase of a machine learning company within the last year. Remember it bought out artificial intelligence startup Perceptio at the end of last year, and Seattle-based Turi a few months ago. Read More
By Christian Zibreg on Aug 23, 2016
In a newsworthy move that in all likelihood makes lots of sense, the photo sharing service Pinterest has acquired Pinterest, the popular app and web service for saving webpages to read later.
According to the announcement, Pinterest will continue to develop and maintain the mobile Instapaper app, available at no charge on the App Store. Read More
By Christian Zibreg on Aug 22, 2016
Apple has acquired another small startup, called Gliimpse, that has built a secure software platform for users to manage and share their own medical records, Fast Company learned Monday.
The acquisition reportedly happened earlier this year, but Apple’s been quiet about it and has now issued its usual non-denial, saying: “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” Read More
By Cody Lee on Aug 5, 2016
Apple has acquired machine learning and artificial intelligence startup Turi, reports GeekWire. Citing sources close to the deal, the outlet says the purchase price was somewhere in the neighborhood of $200 million, and the team will stay on and continue its work.
Turi, formerly Dato, builds platforms for developing intelligent applications using machine learning technology. Its products are used by a number of Fortune 500 companies for fraud detection, recommendation engines, lead scoring and other predictive capabilities. Read More
By Christian Zibreg on Jul 25, 2016
Monday, both Yahoo and Verizon Wireless said that the nation’s leading wireless carrier will be buying Yahoo’s operating business for a reported $4.83 billion. The transaction, pending regulatory and shareholder approvals, should grant the carrier over one billion total monthly search users while giving the two companies more than two dozen media and advertising brands, to be added to the AOL network, plus an email service with 225 million monthly active users. Read More
By Christian Zibreg on Jul 18, 2016
Japan’s carrier SoftBank has announced it will be purchasing British fabless semiconductor maker ARM Holdings plc for a reported $32 billion, which is around a 43 percent premium on its closing market value of $22.25 billion on Friday. ARM confirmed the deal (PDF download) on Monday.
According to the statement, ARM’s board is expected to recommend shareholders accept the offer. Apple is an investor in ARM and licenses its technology as a basis for custom CPU designs for its own A-series chips which power iOS devices. Read More
By Christian Zibreg on Jul 1, 2016
The Wall Street Journal ran a story yesterday claiming that Apple was in “exploratory talks” to acquire music service Tidal, which rap mogul Jay-Z bought in March 2015 for a reported $56 million.
Ostensibly, Apple’s interest in Tidal revolves around its strong ties to artists: since the Jay-Z deal, Tidal has given 19 famous artists small stakes in the firm.
The Journal article cautioned that the current discussions might not result in a deal and now Ben Sisario, a music reporter at The New York Times, cited “two highly placed sources” as saying that Apple won’t be buying Tidal anytime soon. Read More
By Cody Lee on Jun 30, 2016
Apple is in talks to acquire the streaming music service Tidal, reports The Wall Street Journal. Citing people familiar with the matter, the outlet says the iPhone-maker is exploring the idea because of the service’s strong ties to artists.
Rap mogul Jay-Z bought Tidal in March 2015 for $56 million, and has since given 19 famous artists small stakes in the company. The current talks with Apple may not result in a deal, and it’s unknown what terms have been discussed. Read More
By Christian Zibreg on May 19, 2016
Fitbit, which makes fitness accessories, activity trackers and other wearable devices, just acquired payments hardware firm Coin, signaling its intent to enrich its product lineup with contactless payment features. That’s right, your next Fitbit fitness tracker may let you pay for in-store purchases. Read More
By Christian Zibreg on May 18, 2016
iPhone manufacture and the world’s largest contract fabricator, Foxconn, has made an interesting purchase, snagging the Nokia feature phone business from Microsoft for a paltry $350 million with a little help from private equity backed HMD Global.
Nokia’s feature phones, which are powered by the Series 30+ operating system, once were its bread and butter—especially in pre-smartphone days. Read More
By Christian Zibreg on May 16, 2016
Apple CEO Tim Cook visited an Apple Store in Beijing this morning with Liu Qing, president of Didi Chuxing, the company the iPhone maker invested an astounding $1 billion in.
Also called the Chinese Uber, Didi is a ride sharing service and Apple’s investment comes at a time when the Cupertino firm is widely rumored to be secretly working on an electric car project. Cook said Apple and Didi both shared concerns for the environment.
He also revealed, according to China Daily, that app developers in China have now earned over $7 billion, half of which came in the past twelve months alone. Read More
By Christian Zibreg on Apr 26, 2016
Nokia said this morning that it’s buying French health tracking company Withings for a reported €170 million, or about $192 million, as it looks to gain a foothold in the competitive digital health market.
Withings, which designs, builds and sells wearables with health and fitness tracking features, as well as devices for the connected home such as smart weighing scales, thermometers, blood pressure monitors, home and baby monitors and so forth, will become part of Nokia’s Technologies business. Read More
By Christian Zibreg on Mar 30, 2016
It’s finally official: the world’s leading contract fabricator, Foxconn, which assembles iPhones and other products for Apple and other consumer electronics companies, has purchased the struggling Japanese giant Sharp, one of Apple’s display panel suppliers, in a deal valued at a reported $3.5 billion.
As reported today by The Wall Street Journal, Foxconn believes this transaction will improve its position on the technology value chain and has plans to expand Sharp’s production capacity and invest in the production of OLED screens that future iPhones are expected to adopt. Read More
By Cody Lee on Mar 9, 2016
Facebook on Wednesday announced that it has acquired the popular face swapping app MSQRD, and the company behind it, Masquerade. The terms of the deal are unknown, but it’s being reported that the founders will be joining Facebook.
For those of you who aren’t familiar with the app, MSQRD allows you to apply various filters and effects to your photos and videos—not unlike Snapchat’s ‘lenses.’ You can apply masks, hats and other accessories, or simply swap faces with others. Read More
By Christian Zibreg on Mar 1, 2016
GoPro, an American manufacturer of action cameras that are popular in extreme-action videography, has acquired two mobile video editing apps, Replay and Splice.
In a media release yesterday, GoPro said that merging these apps into its mobile strategy will help them deliver powerful mobile editing solutions to GoPro customers “and billions of smartphone users,” indicating the apps will continue to be available in the App Store.
In fact, both apps will be coming to Android later this year, said GoPro. Read More
By Christian Zibreg on Feb 26, 2016
As previously reported, Apple’s favorite contract manufacturer Foxconn has made a $6.2 billion bid to acquire the ailing Japanese consumer electronics maker Sharp, which has been in the business for a cool 103 years now. Although Sharp’s board has made the decision to accept the offer last Thursday, it seems the acquisition is not a done deal after all.
As reported Friday by The Wall Street Journal, Foxconn is reportedly delaying the signing of the takeover agreement after it had been “surprised” by new information Sharp had disclosed just a day before. Read More
By Cody Lee on Feb 24, 2016
Apple partner Foxconn is set to acquire Sharp for roughly 700 billion yen (or $6.2 billion USD), reports Nikkei Asian Review. The outlet says that Sharp’s board voted on Thursday morning to accept the offer, and plans to restructure its operations under the Hon Hai umbrella.
The deal, which has not been officially announced yet, comes after years of failed negotiations between the two companies. Foxconn has made several attempts to acquire the struggling electronics giant, or large pieces of it, with the latest offer of $5.3 billion coming in January. Read More
By Cody Lee on Feb 2, 2016
Microsoft is buying out software keyboard maker SwiftKey, according to a report from The Financial Times. The deal is said to be worth $250 million, and the two companies are expected to officially announce the acquisition later this week.
While Microsoft has shown interest in the mobile keyboard space, the report claims that the purchase is all about AI. SwiftKey uses artificial intelligence to predict the next word a user is going to type based on an analysis of their writing style. Read More
By Cody Lee on Feb 2, 2016
Zagg has acquired popular battery case maker Mophie, the two companies announced on Tuesday. The Utah-based accessory giant has agreed to pay $100 million for Mophie, plus any EBITDA adjustments over that amount for the next year, in cash and debt.
In a press release sent out this afternoon, Zagg said that the transaction will leverage the unique strength of two “industry leaders” in the mobile accessories sector to create a business with greater product diversification and improved operational capabilities. Read More