July 25, 2019 / 8:07 PM / a month ago

Factbox: Apple's buy of Intel modem unit is second largest after decades of deals

(Reuters) - Apple Inc’s $1 billion (£803.1 million) purchase of Intel Corp’s smartphone-modem chip business ahead of the global roll-out of the fifth-generation mobile network is its second-most expensive deal. It follows the $3.2 billion buyout of Beats Electronics in 2014.

FILE PHOTO: Apple company logos are seen as two MacBooks stand next to each other in an office in Vienna, Austria January 3, 2019. REUTERS/Leonhard Foeger

Apple, one of the world’s most valuable technology companies with a market value of $960 billion, has bought more than 100 companies in the last three decades, focusing mostly on startups with cutting-edge technologies.

Here’s a list of important deals made by Apple:

June, 2019

Apple acquired here self-driving shuttle firm Drive.ai as a move to bring aboard some of its engineering talent to boost its own self-driving efforts.

September, 2018

Apple bought here music discovery app Shazam for about $400 million to boost its music streaming service.

May, 2014

Apple disclosed here plans to pay $3.2 billion, its most expensive deal ever, for Beats Electronics, known for its headphones and had an up-and-coming streaming music service. Apple, which did not have a music streaming service at that time, launched Apple Music a year later.

November, 2013

Apple bought here Israel-based PrimeSense Ltd, a developer of chips that enable three-dimensional machine vision, for $350 million. Four years later iPhone X made its debut, featuring 3D face recognition, dubbed Face ID.

July, 2012

Apple bought here fingerprint sensor technology developer AuthenTec for about $356 million. Its technology was used in developing the Touch ID technology embedded into the iPhone 5S' home button.

December, 2011

Apple bought here Israel's Anobit, a maker of flash storage technology, for about $500 million. Anobit's chips found a place in iPhones, iPads and the MacBook Air.

April, 2010

Siri, the popular virtual assistant now found in all Apple devices, was bought by the iPhone maker, two months after it launched as a voice assistant app on iOS. Siri traces here its roots to one of the largest artificial intelligence projects in U.S. history: a Defense Department-funded undertaking that sought to build a virtual assistant that could reason and learn.

January, 2010

Apple bought here Quattro Wireless for $275 million to ramp up its presence in the mobile advertising arena.

July, 2009

Apple bought here mapping company Placebase to build its own rival to Google Maps. Three years later Apple Maps was launched.

April, 2008

It bought here P.A. Semi, a designer of low-power microchips, for $278 million to help it customize key parts for the iPhone, iPod and Macintosh product lines.

April, 2005

The company paid an undisclosed amount to buy FingerWorks, a Canadian gesture recognition company, whose technology was later used here to create the multi-touch screens of iOS devices.

2000

SoundJam MP, a MP3 player for Macintosh computers, was bought here by Apple for an undisclosed price. It later became the basis of Apple's online digital media store iTunes.

December, 1996

Apple spent here $429 million to buy computer company NeXT Inc. That deal brought NeXT founder Steve Jobs back to the Cupertino company.

Compiled by Supantha Mukherjee in Bengaluru; Editing by Bernard Orr

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