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Tag: acquisition

Why Apple should buy Starbucks

Am I taking crazy pills, or did the internet just give me two hilarious pie-in-the-sky Apple acquisition articles in the span of three days? On March 26th, The Street posted an argument for why Apple should throw down the cash to buy Netflix. Not to be outdone, Cult of Mac followed that lead and...

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Forbes argues Apple needs to make bigger acquisitions, but we disagree

A recent article in Forbes tacitly argues that Apple would do well to take a page out of Facebook's playbook and start snatching up companies instead of, you know, returning money to shareholders. While Facebook recently spent $19 billion to acquire WhatsApp, Apple in stark contrast spent $14...

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FullContact acquires contact-management app Cobook

FullContact develops a suite of contact-management utilities, and its tools are going to get even better in the near future. The Denver-based company announced today that it is going to acquire the team and the technology that drives popular contact-management app, Cobook. Launched in 2011,...

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Why Apple didn't buy Nest

With Google announcing yesterday that it acquired the Tony Fadell-led Nest Labs for a cool US$3.2 billion, an emerging narrative is that Google caught Apple asleep at the wheel. For many who keep a close eye on tech, an Apple/Nest Labs acquisition seemed like a match made in heaven. I myself was...

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Apple confirms rumored acquisition of Kinect maker PrimeSense

Apple has confirmed that it has indeed acquired the Israeli 3D sensor maker PrimeSense, reports AllThingsD: Apple spokeswoman Kristin Huguet confirmed the PrimeSense deal with the boilerplate comment the company typically provides when news of one of its acquisitions leaks: "Apple buys smaller...

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Under Armour acquires MapMyFitness to bolster digital fitness

Watch out, Nike -- in the footrace for domination of the huge and growing digital fitness market, a competitor just leapt into contention. Under Armour, a major manufacturer of fitness and sports performance products, acquired MapMyFitness -- a company with one of the largest digital fitness...

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A look back at Apple's 2013 acquisitions

During Apple's earnings conference call yesterday, Tim Cook noted that Apple during the fiscal 2013 year acquired a total of 15 companies. Historically, Apple's acquisition strategy has focused on snatching up smaller companies that house either personnel or technology that clearly fit into Apple's...

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Apple acquires Cue, personal assistant app for the iPhone and iPad

Relative to previous years, Apple has been on an acquisition spree in recent years, with the company confirming today that they acquired a personal assistant app called Cue. Cue works by combing through a user's varied internet accounts, determining what's useful, and then aggregating it all into...

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Apple acquires AlgoTrim

AllThingsD is reporting confirmation by Apple that the company has acquired a Swedish data-compression company by the name of AlgoTrim. As usual, Apple spokeswoman Kirstin Huguet trotted out the familiar line: "Apple buys smaller technology companies from time to time, and we generally do not...

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Apple acquires Canadian location data company Locationary

Apple is looking to beef up its Maps and location services by acquiring location data company Locationary. The Canadian startup uses crowdsourcing to create a database with up-to-date location data and local business information. Apple spokesperson Steve Dowling confirmed the acquisition to...

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Phil Libin shares some insight on Evernote's future

Fortune has had a quick chat with our friend Phil Libin, the CEO of Evernote, a company that has grown by leaps and bounds since we last talked. Evernote was popular back when it simply tracked notes and photos. Today the company has acquired Skitch and a few other companies, and is making...

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Google has purchased Waze

Google announced in a blog post today that it is acquiring social traffic company Waze. This announcement is not surprising as Google was rumored to be close to inking a deal with the Israeli startup. Google was one of many suitors reportedly courting Waze -- earlier rumors hinted at a potential...

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Zynga closes OMGPOP, the creators of Draw Something

Zynga announced yesterday that it was laying off about 18 percent of its work staff, or about 520 employees, which is bad news for any company. But it turns out that this set of folks includes most of the crew of OMGPOP, the company Zynga acquired for its uber-popular app Draw Something last...

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Tim Cook says Apple has already acquired nine companies in 2013

During his appearance at All Things D last night, Tim Cook mentioned that Apple in 2013 is acquiring companies at a faster clip than in years past. In previous years, Cook noted, Apple acquired an average of six companies per year. Not even six months into 2013, Cook explained Apple has already...

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Box acquires Folders, in what sounds like the least exciting acquisition deal ever

File-sharing service Box has acquired the technology behind a French app called Folders, which was never released, but is also centered on browsing and sharing files on the iPhone. Terms of the acquisition weren't revealed, but Box said that Folders would be a big influence on the next few...

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