Apple Looking at More Corporate Acquisitions, Prepping Move Into Television?

111755 apple logo

Silicon Alley Insider's Dan Frommer reports that after a spate of corporate acquisitions late last year and earlier this year bringing such firms as Quattro Wireless, Lala Media, Intrinsity, and Siri on board, Apple may not yet be done shopping around for companies to acquire. In fact, Apple may be looking at somewhat larger deals than those undertaken in recent months, expanding deal values out to as much as $1 billion.

Apple's shopping spree isn't over, and the company is looking at all kinds of deals, even up to $1 billion. This is being led by Apple's newish deals guy, former Goldman banker Adrian Perica.

The report appears to be based primarily on gossip coming out of CEO dinner moderated by Frommer last night, and addresses a number of topics beyond Apple that are currently the scuttlebutt of industry insiders. And with Apple's iPad and iPhone 4 out the door, the time seems ripe for the company to increase its focus on some other areas.

Another tidbit of information coming out of the dinner is discussion of Apple's next major move being into television. While Apple has clearly been playing a minor role in television with the Apple TV and its iTunes Store video offerings and there have been rumblings that it is looking to get a television deal done, it seems that Apple may finally be ramping things up. In particular, Apple's renaming of "iPhone OS" to "iOS" is seen as setting the stage for the platform to move away from mobile and into other devices, as has been rumored for Apple TV.

Apple's next big move is going to be TV. Besides the leaks of a supposed new Apple TV device, the company also renamed its iPhone OS "iOS," foreshadowing a future beyond mobile devices. The company's move into advertising -- mobile, so far, but no reason it can't extend into TV somehow -- is another hint.

Possibly lending credence to claims of a significant push into television, a Bloomberg report today also notes that Jobs is set to attend the annual Allen & Co. media conference in Sun Valley, Idaho for the first time since 2005. The conference draws many of media's top executives and is a common venue for networking and dealmaking.

Update: Ken Li of the Financial Times tweets that although Jobs is on the invitation list, he is apparently not attending the Allen & Co. media conference.

Popular Stories

iPhone 15 Pro FineWoven

Apple Reportedly Stops Production of FineWoven Accessories

Sunday April 21, 2024 6:03 am PDT by
Apple has stopped production of FineWoven accessories, according to the Apple leaker and prototype collector known as "Kosutami." In a post on X (formerly Twitter), Kosutami explained that Apple has stopped production of FineWoven accessories due to its poor durability. The company may move to another non-leather material for its premium accessories in the future. Kosutami has revealed...
Provenance Emulator

PlayStation and SEGA Emulator for iPhone and Apple TV Coming to App Store [Updated]

Friday April 19, 2024 8:29 am PDT by
The lead developer of the multi-emulator app Provenance has told iMore that his team is working towards releasing the app on the App Store, but he did not provide a timeframe. Provenance is a frontend for many existing emulators, and it would allow iPhone and Apple TV users to emulate games released for a wide variety of classic game consoles, including the original PlayStation, GameCube, Wii,...
iOS 17 All New Features Thumb

iOS 17.5 Will Add These New Features to Your iPhone

Sunday April 21, 2024 3:00 am PDT by
The upcoming iOS 17.5 update for the iPhone includes only a few new user-facing features, but hidden code changes reveal some additional possibilities. Below, we have recapped everything new in the iOS 17.5 and iPadOS 17.5 beta so far. Web Distribution Starting with the second beta of iOS 17.5, eligible developers are able to distribute their iOS apps to iPhone users located in the EU...
apple vision pro orange

Apple Vision Pro Customer Interest Dying Down at Some Retail Stores

Monday April 22, 2024 2:12 am PDT by
Apple Vision Pro, Apple's $3,500 spatial computing device, appears to be following a pattern familiar to the AR/VR headset industry – initial enthusiasm giving way to a significant dip in sustained interest and usage. Since its debut in the U.S. in February 2024, excitement for the Apple Vision Pro has noticeably cooled, according to Bloomberg's Mark Gurman. Writing in his latest Power On...
top stories 20apr2024

Top Stories: Nintendo Emulators on App Store, Two New iOS 17 Features, and More

Saturday April 20, 2024 6:00 am PDT by
It was a big week for retro gaming fans, as iPhone users are starting to reap the rewards of Apple's recent change to allow retro game emulators on the App Store. This week also saw a new iOS 17.5 beta that will support web-based app distribution in the EU, the debut of the first hotels to allow for direct AirPlay streaming to room TVs, a fresh rumor about the impending iPad Air update, and...