Apple announced on Thursday that it has signed an agreement to acquire the majority of Intel’s smartphone modem business. The deal is worth $1 billion and is expected to close in the fourth quarter of this year. Included in the buyout are 2,200 Intel employees joining Apple, patents and other IP, equipment and leases.
Slowly but surely, Disney has been increasing its ownership stake in Hulu and now has full control of the video-streaming service through a new deal with Comcast.
Apple’s chief executive told CNBC his company has acquired between 20 and 25 companies in the past six months.
Apple agreed to pay nearly $500 million to purchase digital magazine subscription service Texture, according to a new report from The New York Post. The acquisition was first announced a year ago, and last month Apple launched its News+ service largely based on the Texture platform.
This deal and the acquisition of Silk Labs in November indicate Apple might be interested in building its own AI-powered home security camera accessory.
Apple has reportedly acquired Stamplay, an Italian developer platform co-founded by Giuliano Iacobelli and Nicola Mattina, for a reported five million euros, or about $5.7 million US dollars.
Apple has acquired Laserlike, a small machine learning startup based in Silicon Valley. The Information reports that the buyout happened late last year, and the team has joined Apple’s new artificial intelligence group.
Apple has acquired a batch of US patents from a failed home security camera startup, Lighthouse AI, including patents related to depth-sensing technologies.
Apple has agreed to purchase voice app startup Pullstring, according to a report from Axios. The San Francisco-based company was founded by a group of former Pixar executives in 2011 and its technology has been used in everything from interactive voice apps for toys, to Amazon Echo and Google Assistant products.
Apple has acquired digital marketing startup DataTiger, according to a new report from Bloomberg. The outlet points to a regulatory filing from December that shows the iPhone-maker now controls the U.K.-based startup.
Amazon on Monday announced that it has reached an agreement to acquire eero, the firm behind the popular mesh routers. Details of the deal are scarce at this point, but the two companies say they have a shared vision that “the smart home experience can get even easier.”
The company reported 207 million monthly active users on paid and ad-supported tiers. And for the first time since its founding, Spotify has operated at a profit.
