Apple acquisition history

Apple agreed to buy Steve Jobs' NeXT Software in a friendly acquisition, folding all of NeXT's products, services and technology research into Apple. The deal returned Jobs to the company he co-founded in 1976. NeXT's object-oriented development tools and its NEXTSTEP operating system became the technical foundation Apple used to build Mac OS X. Terms were $400 million ($350 million cash plus roughly $50 million of assumed debt).

The acquisition of NeXT is the start of a new chapter in Apple's history and represents a milestone in our transformation as a corporation. Today Apple welcomed back its most talented visionary.Dr. Gilbert F. Amelio — Chairman and CEO, Apple Computer, Inc.

Apple acquired the Beats Music subscription streaming service and Beats Electronics, maker of the Beats line of headphones, speakers and audio software. Beats co-founders Jimmy Iovine and Dr. Dre joined Apple as part of the transaction. Apple stated a total deal value of $3 billion; its FY2014 10-K later recorded purchase-price consideration of $2.6 billion. The Beats streaming assets and team became the basis for what Apple developed into Apple Music.

Music is such an important part of all of our lives and holds a special place within our hearts at Apple. That's why we have kept investing in music and are bringing together these extraordinary teams so we can continue to create the most innovative music products and services in the world.Tim Cook — CEO, Apple

I've always known in my heart that Beats belonged with Apple. The idea when we started the company was inspired by Apple's unmatched ability to marry culture and technology.Jimmy Iovine — Co-founder, Beats

Apple entered a definitive merger agreement to acquire AuthenTec, a publicly traded (NASDAQ) developer of fingerprint-sensor and identity-management security technology, for $8.00 per share in cash. The joint materials described a 56.9% premium to AuthenTec's prior-day close and a targeted close in the third calendar quarter of 2012, subject to regulatory and shareholder approval. AuthenTec declined to characterize Apple's intended use of the business.

Apple and AuthenTec have entered into a definitive merger agreement under which Apple will acquire AuthenTec for $8.00 per share.AuthenTec investor Q&A (Exhibit 99.1 to AuthenTec Form 8-K — July 27, 2012)

Apple signed an agreement to acquire Texture, the digital-magazine subscription service operated by Next Issue Media, which gave subscribers unlimited access to more than 200 magazine titles for a single monthly fee. Texture had been backed by publishers Conde Nast, Hearst, Meredith and Rogers Media together with KKR. Apple did not disclose financial terms. Texture's catalog was later folded into the Apple News+ subscription.

We're excited Texture will join Apple, along with an impressive catalog of magazines from many of the world's leading publishers. We are committed to quality journalism from trusted sources and allowing magazines to keep producing beautifully designed and engaging stories for users.Eddy Cue — Senior Vice President of Internet Software and Services, Apple

I'm thrilled that Next Issue Media, and its award-winning Texture app, are being acquired by Apple.John Loughlin — CEO, Next Issue Media

Apple announced it had completed its acquisition of Shazam, the widely used music-recognition app that lets users identify songs by listening to audio around them. Apple said the Shazam app would soon become ad-free for all users. Financial terms were not disclosed. Shazam had been an early App Store title and was one of Apple's few acquisitions to draw a formal EU regulatory review before closing.

Apple and Shazam have a long history together. Shazam was one of the first apps available when we launched the App Store and has become a favorite app for music fans everywhere. With a shared love of music and innovation, we are thrilled to bring our teams together to provide users even more great ways to discover, experience and enjoy music.Oliver Schusser — Vice President of Apple Music, Apple

Apple agreed to acquire the majority of Intel's smartphone modem business for $1 billion. About 2,200 Intel employees moved to Apple along with intellectual property, equipment and leases, expanding Apple's wireless patent portfolio to more than 17,000 wireless-technology patents. The transaction was expected to close in the fourth calendar quarter of 2019. Intel retained the ability to develop modems for non-smartphone applications such as PCs, IoT devices and autonomous vehicles.

We've worked with Intel for many years and know this team shares Apple's passion for designing technologies that deliver the world's best experiences for our users.Johny Srouji — Senior Vice President of Hardware Technologies, Apple

This agreement enables us to focus on developing technology for the 5G network while retaining critical intellectual property and modem technology that our team has created.Bob Swan — CEO, Intel

Apple acquired Primephonic, a classical-music streaming service known for search and browse tools optimized for classical repertoire, high-quality audio and expert recommendations. Apple said Primephonic features would be integrated into Apple Music and that it planned to launch a dedicated classical-music app the following year. Primephonic stopped taking new subscribers and went offline shortly after the deal, with existing subscribers offered free Apple Music. Terms were not disclosed. The acquisition led to the 2023 launch of Apple Music Classical.

We love and have a deep respect for classical music, and Primephonic has become a fan favorite for classical enthusiasts. Together, we're bringing great new classical features to Apple Music, and in the near future, we'll deliver a dedicated classical experience that will truly be the best in the world.Oliver Schusser — Vice President of Apple Music and Beats, Apple

Bringing the best of Primephonic to Apple Music subscribers is a tremendous development for the classical music industry.Thomas Steffens — Co-founder and CEO, Primephonic