At the annual meeting with investors, Tim Cook announced that Apple now employs over 100 thousand people worldwide. In addition, the CEO of Apple revealed that the company has acquired 26 smaller firms and startups for various reasons in the last 15 months. Apple traditionally does not make disclosures regarding its …
Read More »Apple’s Beats settles legal dispute with Bose
Apple’s Beats Electronics and Bose Corp. on Friday settled their patent dispute over noise-cancelling technologies. Bose will no longer demand the U.S. ITC to prevent Beats’ noise-cancellation headphones from being imported into the United States from China. Bose and Beats in joint filings told a U.S. court in Delaware they …
Read More »Apple has completed 30 acquisitions this fiscal year so far
With over $40 billion (£23.54 billion, €29.7 billion) on its bank account, Apple can make a lot of acquisitions without even noticing them. Moreover, sticking to its tradition of secrecy, Apple rarely makes announcements regarding its acquisitions. But the consumer electronics giant is more than active when it comes to …
Read More »Apple confirms acquisition of Beats for $3 billion
Apple late on Wednesday finally confirmed its acquisition of Beats Music, a subscription streaming music service, and Beats Electronics, a supplier of premium headphones and speakers, for a total of $3 billion (£1.7938 billion, €2.2053 billion). The company said that it plans to continue selling Beats-branded products in its stores and …
Read More »Apple in talks to acquire Beats Electronics
Apple is reportedly working on one of its largest acquisitions ever, which could be an indicator of a radical change of the company’s strategy going forward. The Cupertino, California-based consumer electronics giant is seeking to buy Beats Electronics, an operator of music streaming service and a maker of advanced headphones. …
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