Apple acquired artificial intelligence company Xnor.ai, which specializes in “low-power, edge-base tools” like image recognition.
Writing for TechCrunch, Darrell Etherington argues that Apple should acquire Sonos, a company known for its speakers.
From an outsider perspective, it’s hard to find two companies who seem more philosophically aligned than Sonos and Apple when it comes to product design and business model. Both are clearly focused on delivering premium hardware (at a price point that’s generally at the higher end of the mass market) and both use services to augment and complement the appeal of their hardware…
I’m not much of an Apple pundit but I’m not seeing the need for Apple to buy Sonos. I think it would’ve made more sense for this acquisition in the past, but Apple already has the HomePod. Aside from the price and platform-specific complaints, I don’t think I’ve heard anything bad about the sound quality.
iPad keyboard maker Brydge announced today it has acquired Henge Docks. Henge Docks makes docks that you plug your MacBook into.
Automattic, the company behind WordPress, just bought Tumblr from Verizon for less than US$3 million. Verizon had acquired the site from Yahoo for US$1.1 billion.
As part of the deal, Automattic will gain 200 staffers from Tumblr. Verizon is said to have discussed a sale of Tumblr with a handful of different companies but ultimately landed on Automattic. “The sale price isn’t material to Verizon,” today’s report says citing “people familiar with the matter.”
Before you get excited, know that the porn ban will remain in place.
Apple has acquired Laserlike, a young startup founded by three former Google engineers. It’s a machine learning startup that could help Apple improve its recommendation algorithms in News, TV, Apple Music, etc (paywall).
An Apple spokesperson confirmed the acquisition of the four-year-old startup, which was founded by three former Google engineers, Anand Shukla, Srinivasan Venkatachary and Steven Baker, and had raised more than $24 million from Redpoint Ventures and Sutter Hill Ventures, according to CrunchBase. Terms of the deal could not be learned.
I look forward to getting better recommendations.
Last week Andrew Orr wrote about a patent that Apple filed regarding more offline Siri capability. He thinks the latest news about Silk Labs provides stronger evidence for that.
Finisar, an Apple Face ID supplier that makes laser scanners, has been acquired by optical system producer II-VI, Inc. worth US$3.2 billion.
FiftyThree is a drawing app that launched in 2012. And now the company got acquired by WeTransfer, a cloud-based file transfer company.
One source puts the price of the acquisition around US$401 million, although Shazam was once valued at US$1 billion dollars.
Apple acquired the company earlier this year, so we don’t know if iOS 11 already makes use of this technology, or if it will come in a future version of iOS and the photos app.
The company’s technology, which can track the human eye 120 times per second, sounds perfect for the long-rumored Apple Glasses.
Apple recently acquired popular iOS utility Workflow in a deal that includes both the app and its developers. While many apps get pulled by Apple after an acquisition, Workflow remains on the App Store, and is now free.