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List of mergers and acquisitions by Apple

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Apple's headquarters are at 1 Infinite Loop in Cupertino, California, United States.

Apple Inc. is an American multinational corporation with a focus on designing and manufacturing consumer electronics and software products. It was established in Cupertino, California on April 1, 1976 by Steve Jobs and Steve Wozniak,[1] and incorporated on January 3, 1977.[2] The company's hardware products include the Macintosh line of personal computers, the iPod line of portable media players, and the iPhone line of mobile phones. Apple's software products include the Mac OS X operating system, the iTunes media browser, and the iLife suite of multimedia and creativity software.[3] The company has acquired twenty-one companies, purchased a stake in one company, and made five divestments; most of them were software companies. Apple has not released the financial details for most of these mergers and acquisitions.

Apple's business philosophy is to acquire small companies that can be easily integrated into existing company projects.[4] For example, Apple acquired Emagic and its professional music software, Logic Pro, in 2002. The acquisition led to the creation of the digital audio workstation software, GarageBand, now part of the iLife software suite.[4]

The company made its first acquisition on March 2, 1988 when it purchased Network Innovations. In the 1990s, Apple purchased its only minority stake when it acquired 5% of Akamai Technologies, a content delivery network company. It has also made five divestments, all in the 1990s, in which parts of the company are sold to another company. The company's largest acquisition was the purchase of NeXT in 1996 for US$400 million.[5][6] Apple made the most acquisitions in a single year in 2002, with five, when it acquired Nothing Real, Zayante, Silicon Grail Corp-Chalice (from Silicon Grail), Propel Software, and Emagic. Of the companies that Apple has acquired, 18 were based in the United States.

Acquisitions

Date Company Business Country Value (USD) References
March 2, 1988 Network Innovations Software  United States [7]
June 7, 1988 Orion Network Systems Satellite communication systems  United States [8]
June 27, 1988 Styleware Computer software  United States [9]
July 11, 1988 Nashoba Systems Computer software  United States [10]
January 3, 1989 Coral Software Computer software  United States [11]
February 7, 1997 NeXT Computer programming services  United States $404,000,000 [12]
September 2, 1997 Power Computing-Clone-Making[note 1] Clone computers  United States $100,000,000 [13]
January 8, 1999 Xemplar Education Software  United Kingdom $4,926,000 [14]
November 3, 1999 Raycer Graphics Computer graphic chips  United States $15,000,000 [15]
January 7, 2000 NetSelector Internet software  United States [16]
April 11, 2000 Astarte-DVD Authoring Software[note 2] Software  Germany [17]
May 11, 2001 bluebuzz Internet service provider  United States [18]
July 9, 2001 Spruce Technologies[note 3] Graphics software  United States [19]
December 31, 2001 PowerSchool Online info systems services  United States $62,000,000 [20]
February 1, 2002 Nothing Real Special effects software  United States $15,000,000 [21]
April 4, 2002 Zayante Software  United States $13,000,000 [22]
June 11, 2002 Silicon Grail Corp-Chalice[note 4] Digital effects software  United States [23]
June 20, 2002 Propel Software Software  United States [24]
July 1, 2002 Emagic Music production software  Germany $30,000,000 [25]
October 16, 2006 Silicon Color Software  United States [26]
April 24, 2008 PA Semi Semiconductors  United States $268,000,000 [27]

Stakes

Date Company Business Country Value (USD) References
June 1, 1999 Akamai Technologies Web site support services  United States $12,500,000[note 5] [28]

Divestitures

Date Acquirer Target company Target business Acquirer country Value (USD) References
April 22, 1992 Misys Computer Maintenance Sign Express Group Maintenance activities  United Kingdom $705,000 [29]
May 31, 1996 SCI Systems Apple Computer-Manufacturing Computers  United States [30]
April 2, 1997 Al-Waleed bin Talal Apple Computer[note 6] Personal computers  Saudi Arabia $115,000,000 [31]
August 6, 1997 Microsoft Apple Computer[note 7] Personal computers  United States $150,000,000 [32]
August 7, 1997 Grupo Carso Apple Computer[note 8] Personal computers  Mexico $60,650,000 [33]

Notes

  1. ^ Acquired from Power Computing Corporation
  2. ^ Acquired from Astarte
  3. ^ Acquired from Japan Information Processing Service
  4. ^ Acquired from Silicon Grail
  5. ^ Acquired a 5% stake
  6. ^ Acquired a 5% stake, or 6.25 million common shares
  7. ^ Acquired a 5% stake, or 150,000 Series A shares
  8. ^ Acquired a 3% stake, or 3.79 million common shares

References

General
  • "Apple Inc Mergers and Acquisitions". Thomson Financial. Retrieved 2008-10-31.
Specific
  1. ^ "80 Days that Changed the World". Time. 2003-03-23. Retrieved 2008-04-13.
  2. ^ "Investor Relations FAQ". Apple Inc. Retrieved 2008-06-26.
  3. ^ "Apple Reports Fourth Quarter Results". Apple Inc. 2007-10-22. Retrieved 2008-06-26.
  4. ^ a b Hesseldahl, Arik (2007-03-01). "What to Do with Apple's Cash". BusinessWeek. Retrieved 2008-06-26.
  5. ^ "Apple Computer, Inc. Agrees to Acquire NeXT Software Inc". U.S. Securities and Exchange Commission. 1996-12-24. Retrieved 2008-06-25.
  6. ^ Kaplan, Karen (1997-07-10). "Apple's CEO Is Ousted as Steve Jobs' Role Expands". Los Angeles Times. p. A. {{cite news}}: Check date values in: |date= (help)
  7. ^ "Apple Computer Inc acquires Network Innovations Corp". Thomson Financial. Retrieved 2008-10-21.
  8. ^ "Apple Computer Inc acquires Orion Network Systems Inc". Thomson Financial. Retrieved 2008-10-21.
  9. ^ "Claris Corp(Apple Computer) acquires Styleware Inc". Thomson Financial. Retrieved 2008-10-21.
  10. ^ "Claris Corp(Apple Computer) acquires Nashoba Systems Inc". Thomson Financial. Retrieved 2008-10-21.
  11. ^ "Apple Computer Inc acquires Coral Software Corp". Thomson Financial. Retrieved 2008-10-21.
  12. ^ "Apple Computer Inc acquires NeXT Computer Inc". Thomson Financial. Retrieved 2008-10-21.
  13. ^ "Apple Computer Inc acquires Power Computing-Clone-Making from Power Computing Corp". Thomson Financial. Retrieved 2008-10-21.
  14. ^ "Apple Computer Inc acquires remaining interest in Xemplar Education Ltd from Morgan Stanley". Thomson Financial. Retrieved 2008-10-21.
  15. ^ "Apple Computer Inc acquires Raycer Graphics". Thomson Financial. Retrieved 2008-10-21.
  16. ^ "Apple Computer Inc acquires NetSelector". Thomson Financial. Retrieved 2008-10-21.
  17. ^ "Apple Computer Inc acquires Astarte-DVD Authoring Software from Astarte GmbH". Thomson Financial. Retrieved 2008-10-21.
  18. ^ "Network Innovations Corp acquires bluebuzz.com Inc". Thomson Financial. Retrieved 2008-10-21.
  19. ^ "Apple Computer Inc acquires Spruce Technologies Inc from JBIS Holdings Inc". Thomson Financial. Retrieved 2008-10-21.
  20. ^ "Apple Computer Inc acquires PowerSchool Inc". Thomson Financial. Retrieved 2008-10-21.
  21. ^ "Apple Computer Inc acquires Nothing Real LLC". Thomson Financial. Retrieved 2008-10-21.
  22. ^ "Apple Computer Inc acquires Zayante Inc". Thomson Financial. Retrieved 2008-10-21.
  23. ^ "Apple Computer Inc acquires Silicon Grail Corp-Chalice from Silicon Grail Corp". Thomson Financial. Retrieved 2008-10-21.
  24. ^ "Apple Computer Inc acquires Propel Software Corp". Thomson Financial. Retrieved 2008-10-21.
  25. ^ "Apple Computer Inc acquires Emagic Soft-und Hardware GmbH". Thomson Financial. Retrieved 2008-10-21.
  26. ^ "Apple Computer Inc acquires Silicon Color Inc". Thomson Financial. Retrieved 2008-10-21.
  27. ^ "Apple Inc acquires PA Semi Inc". Thomson Financial. Retrieved 2008-10-21.
  28. ^ "Apple Computer Inc acquires a minority stake in Akamai Technologies Inc". Thomson Financial. Retrieved 2008-10-21.
  29. ^ "MCM Misys Computer Maintenance acquires Sign Express Group-Maintenance from Apple Inc". Thomson Financial. Retrieved 2008-10-21.
  30. ^ "SCI Systems Inc acquires Apple Computer-Manufacturing from Apple Inc". Thomson Financial. Retrieved 2008-10-21.
  31. ^ "Investor acquires a minority stake in Apple Computer Inc". Thomson Financial. Retrieved 2008-10-21.
  32. ^ "Microsoft Corp acquires a minority stake in Apple Computer Inc". Thomson Financial. Retrieved 2008-10-21.
  33. ^ "Grupo Carso SA de CV acquires a minority stake in Apple Computer Inc". Thomson Financial. Retrieved 2008-10-21.