Acquisition

Synaptics beats Apple to the punch on Renesas SP Drivers acquisition

Christian Zibreg ∙ Updated January 27, 2016

Apple has failed to follow through with its rumored acquisition of the chipmaker Renesas Electronics' mobile display chip division, Renesas SP Drivers. Reuters reported Tuesday that the iPhone maker has definitely lost its bid to acquire Renesas to Synaptics, a company that builds touchpads and touchscreens for an array of mobile and desktop devices.

The development is especially newsworthy given that Synaptics was once an Apple supplier (the company is not listed on Apple's list of 2014 suppliers). Basically, this means that the powerful consumer electronics powerhouse has gotten outbid by one of its former suppliers...

Billboard: Apple-Beats deal delayed due to valuation, role uncertainties

Cody Lee ∙ May 24, 2014

Billboard is out with a new report this weekend, claiming that it's learned why the Apple-Beats acquisition has not been announced yet. Citing sources familiar with the matter, the outlet says that there are at least 5 things holding up the deal.

First, the buyout is 'complicated.' With this being Apple's largest purchase ever, the folks in Cupertino want to make sure they cross every t and dot every i. And second, the iPad-maker was nowhere near ready for details of the negotiations to leak...

New report says Apple-Beats deal was close to falling apart, but is still on

Cody Lee ∙ May 22, 2014

It's been two weeks since we first received word that Apple was looking to acquire Beats Electronics, and we still haven't heard a peep about the sale from either company. Some folks have taken the silence as a sign talks had broken down, but a new report says that's not the case.

According to TechCrunch, sources with knowledge of the deal say that Apple's planned multi-billion dollar acquisition of headphone maker Beats will go through. The outlet does note, however, that negotiations have been bumpy and close to falling apart on multiple occasions...

AT&T announces acquisition of DirecTV for close to $50 billion

Cody Lee ∙ Updated April 17, 2018

As expected, AT&T has announced today that it has reached a deal to acquire satellite TV heavyweight DirecTV. The buyout will come in the form of a stock-and-cash transaction—$95 per share based on AT&T's Friday closing price—worth in upwards of $50 billion.

Between DirecTV’s satellite business and AT&T’s U-verse arm, the move results in a combined 26 million TV subscribers. That essentially makes AT&T the number one pay-TV provider, second if the long-rumored Comcast/Time Warner Cable deal ever goes through...

Google buys visual translation app Word Lens

Christian Zibreg ∙ Updated January 27, 2018

Google has just purchased Quest Visual for an undisclosed price. The startup is behind the innovative Word Lens application which Apple recently highlighted in its 'Powerful' Phone 5s ad. The deal was confirmed in the startup's blog post.

The team has decided to make both the Word Lens app and the additional language packs free to download for a limited time, "while we transition to Google". If you haven't tried out Word Lens yet, you should do so right now, while it's still available.

The remarkable software taps Quest Visual's technology to detect text in a live video feed coming from your iPhone's camera. It then replaces foreign language words and sentences with an appropriate translation - matching fonts and graphics, in real time!

Apple’s Beats acquisition may not be finalized until next week

Cody Lee ∙ Updated May 16, 2016

Following the flurry of reports late last week regarding Apple's plan to acquire Beats Electronics, a lot of folks expected the iPad-maker to comment on the matter after the long weekend. But Monday came, and went, without a single word from Cupertino.

As it turns out, that may be because it isn't a done deal yet. Citing people familiar with the transaction, Recode's Peter Kafka is reporting that Apple's Beats acquisition is taking longer than originally expected, and it may not be finalized until next week...

Jimmy Iovine and Dr. Dre could see grand introductions as Apple executives at WWDC

Christian Zibreg ∙ May 12, 2014

Should Apple's rumored $3.2 billion deal to buy Beats Electronics, LCC come through, its most visible co-founders Jimmy Iovine and Dr. Dre could show up on the Moscone West stage to be introduced as Apple executives, as per Billboard. An annual pilgrimage for programmers, Apple's 5-day Worldwide Developers Conference, or WWDC, kicks off on June 2.

If history is an indication, Tim Cook will share the stage with other senior executives to tell us what's next for Apple's mobile and desktop operating systems. Given the amount of coverage WWDC typically enjoys, it would be the perfect venue to make such a high-profile announcement...

Bloomberg: Apple to keep Beats as a separate brand, improve headphones design

Christian Zibreg ∙ May 12, 2014

A report last Thursday by The Financial Times on Apple's alleged $3.2 billion purchase of Beats Electronics, LCC. - potentially Apple's most pricey acquisition to date - has taken the technology industry by surprise.

And as pundits continue to assess the rationale behind Apple's purported move, Bloomberg on Monday ran a revealing story explaining that the two firms share more commonalities than meets the eye, despite a world of difference in terms of corporate culture.

Moreover, Apple apparently intends to keep Beats hardware around while improving upon the design of the startup's pricey headphones...

Some theories on why Apple would want to buy Beats

Cody Lee ∙ Updated October 13, 2018

Since word got out last Thursday that Apple is in the final stages of purchasing Beats Electronics, it seems like everyone and their dog has written an op-ed on why Tim Cook and company would want to spend $3 billion on the headphone-maker.

While I normally love playing armchair analyst on topics like this, I've decided this time not to add to the noise. Instead, I've rounded up a handful of some of the better theories I've seen around the web on why an Apple-Beats deal makes any sense...

Dr. Dre seemingly confirms Apple’s Beats deal

Christian Zibreg ∙ May 9, 2014

The Financial Times newspaper yesterday reported that Apple is in the final stages of negotiating a $3.2 billion acquisition of Beats Electronics, a startup behind the recently unveiled Beats Music streaming service and the maker of premium headphones and assorted audio accessories.

Dr. Dre, who co-founded Beats, has now seemingly jumped the gun on announcing the deal in a video published on Facebook, which has now been deleted because Apple - as I'm sure you know by now - is not fond of leaks...

Beats’ Jimmy Iovine in talks to join Apple as ‘special adviser’ to Tim Cook

Cody Lee ∙ May 8, 2014

Following up news this afternoon that Apple is in serious talks to acquire Beats, the New York Post is reporting that co-founder Jimmy Iovine may soon be joining the company. The Post says Iovine would serve as a 'special adviser,' and would report to Tim Cook on 'creative matters.'

Jimmy Iovine is a record and movie producer, as well as a very successful entrepreneur. He co-founded Interscope Records in the early 90's, which later became part of the Universal Music Group, and then Beats in 2006, which again is being rumored to soon be bought out by Apple...

FT: Apple to buy Beats Music for $3.2 billion

Christian Zibreg ∙ Updated January 26, 2018

Apple is said to be on the verge of finalizing what would class as its biggest acquisition ever, a deal to buy Beats Music in a transaction valued at $3.2 billion. According to a Financial Times report on Thursday, citing people familiar with the negotiations, the deal could be announced as early as next week. Nothing is certain though as the parties have yet to agree on certain specifics so talks could still fall apart. Apple and Beats both declined to comment on the rumor...