Apple completed 29 acquisitions in past nine months, not including Beats
It was revealed during Apple's quarterly conference call on Tuesday that the company has made 29 acquisitions since the fiscal year began nine months prior, though many of purchases remain undisclosed.
Beats headphones and an Apple iPhone. Photo by M.J. Rodriguez
Apple CEO Tim Cook said Apple bought 29 companies since its fiscal 2014 began last year. The chief executive did not elaborate on specific businesses, though Apple is known to have purchased Beats Electronics, micro-LED maker LuxVue and social search startup Spotsetter.
Also unknown are the prices Apple paid for the 29 acquisitions, though the Beats buy, expected to close by the end of the quarter, was the most expensive in company history at $3 billion.
As for Beats, Cook said the purchase brought on "a very rare set of talent that we think can do great things at Apple and a very fast growing business in their earphone and headphone space."
Other 2014 buys included developer SnappyLabs, TestFlight maker Burstly and note taking mobile app developer Catch.
In the navigation segment, Apple picked up BroadMap, transit data firm Embark, HopStop, Locationary and "indoor GPS" firm WiFiSlam.
Apple also snapped up 3D sensor company PrimeSense and voice recognition tech company Novauris.
Cook reiterated that Apple has the capacity to make strategic buys, but does not let money burn a hole in its pocket. The executive said acquistions are well thought out, with companies chosen on their ability to help Apple make great products.
Beats headphones and an Apple iPhone. Photo by M.J. RodriguezApple CEO Tim Cook said Apple bought 29 companies since its fiscal 2014 began last year. The chief executive did not elaborate on specific businesses, though Apple is known to have purchased Beats Electronics, micro-LED maker LuxVue and social search startup Spotsetter.
Also unknown are the prices Apple paid for the 29 acquisitions, though the Beats buy, expected to close by the end of the quarter, was the most expensive in company history at $3 billion.
As for Beats, Cook said the purchase brought on "a very rare set of talent that we think can do great things at Apple and a very fast growing business in their earphone and headphone space."
Other 2014 buys included developer SnappyLabs, TestFlight maker Burstly and note taking mobile app developer Catch.
In the navigation segment, Apple picked up BroadMap, transit data firm Embark, HopStop, Locationary and "indoor GPS" firm WiFiSlam.
Apple also snapped up 3D sensor company PrimeSense and voice recognition tech company Novauris.
Cook reiterated that Apple has the capacity to make strategic buys, but does not let money burn a hole in its pocket. The executive said acquistions are well thought out, with companies chosen on their ability to help Apple make great products.
Comments
29 acquisitions - not counting Beats.
1. LuxVue, micro-LED maker
2. Spotsetter, social search startup
3. SnappyLabs, developer
4. Burstly, TestFlight maker
5. Catch, note taking mobile app developer
6. BroadMap, navigation
7. Embark, transit data firm
8. HopStop,
9. Locationary,
10. WiFiSlam, indoor GPS
11. PrimeSense, 3D sensor company
12. Novauris, voice recognition tech company
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I hate music today. Are all good percussionists dead?
Ginger Baker is still kicking. Based on his past perhaps literally.
Indeed, difficult to find them all! I think these can be added:
13. Cue (Personal assistant)
14. Topsy (Analytics)
15. TestFlight (Feb 21, 2014)
I think these were acquired more than 9 months ago, so wouldn't count:
Passif Semiconductor Corp (Aug 1, 2013)
Embark Inc (Aug 22, 2013, so dito)
AlgoTrim AB (Aug 28, 2013, so dito)
Strolledment
Trollstment: "If you can't beat them, buy them"
M&A in the picture:
http://metrics.infolinks.com/2014/02/17/tech-mergers-acquisitions-2013/
Strolledment
Trollstment: "If you can't beat them, buy them"
I do not believe that is Apple Strategy, nor is the M&A strategy to buy company to keep growth going and Wall Street happy. They do M&A for all the right reasons which to make a better product. Now Beats does not seem to follow into any of these, but we have to way a while to see how it plays out.
I agree. I merely posted that because I read it somewhere and thought it was a bit of a trolling statement.
(I was in the Apple Store last weekend checking out Bluetooth speakers and never was recommend the Pill. Apple employee laughed at the suggestion that he might have too eventually.)
What's Beats?
(I was in the Apple Store last weekend checking out Bluetooth speakers and never was recommend the Pill. Apple employee laughed at the suggestion that he might have too eventually.)
I'm surprised that Apple are giving out the Pill, but they seem to be getting into health; haven't seen it in a UK store, yet.