Wi-Gear NOT acquired by Apple

The reports yesterday from 9to5 Mac that Apple had acquired wireless headphone maker Wi-Gear have turned out to be false. Barron's did some checking and emailed Wi-Gear CEO Mark Pundsack who replied:

"The rumor is false. Wi-Gear and its IP are still available for sale."

There has been a lot of speculation about upcoming acquisitions by Apple after Steve Jobs said Apple's $51 billion cash on hand allowed the company to make major acquisitions if it seemed fit, so when the rumor went live, it quickly spread to major news sites and tech blogs, including ours.

Barrons' Eric Savitz said the Wi-Gear story resulted from 9to5 Mac's discovery on LinkedIn that a former Wi-Gear engineer was now employed with Apple. Wi-Gear's website notes that the company "has ceased operations and is no longer in business."

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Source: http://blogs.barrons.com/techtraderdaily/2010/11/10/update-a…

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The reports yesterday from 9to5 Mac that Apple had acquired wireless headphone maker Wi-Gear have turned out to be false. Barron's did...

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Robert Gama

I got my hopes up for a second that Apple would finally come around and AT LEAST fully support all the functionality provided in most bluetooth headsets.

Oh well, I'll add that to the growing list of things I'm waiting for from Apple.

November 11 2010 at 7:23 AM Report abuse Permalink rate up rate down Reply

K. R.

Way to go! Another completely false story spread like some sort of amazing news. All because some other blog saw an employee for Wi-Gear now worked for Apple. Seriously?
Right on the heels of your AirPrint retraction too.
You are on a roll! Keep it up!

November 10 2010 at 7:12 PM Report abuse Permalink rate up rate down Reply