M&A Deal Summary

Apple Acquires Schemasoft

On March 22, 2005, Apple acquired software company Schemasoft

Acquisition Highlights
  • This is Apple’s 13th transaction in the Software sector.
  • This is Apple’s 1st transaction in Canada.
  • This is Apple’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2005-03-22
Target Schemasoft
Sector Software
Buyer(s) Apple
Deal Type Add-on Acquisition

Target

Schemasoft

Vancouver, British Columbia, Canada
SchemaSoft is a custom software development services company with an elite team of software engineers, a well-honed software engineering methodology, and an established reputation among the world’s top application vendors.

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Buyer(S) 1

Buyer

Apple

Cupertino, California, United States

Category Company
Founded 1977
Sector Technology Hardware
Employees164,000
Revenue 391.0B USD (2024)
DESCRIPTION

Apple is a diversified technology company offering technology hardware, software, and media. Apple sells a line of computers, cell phones, tablets - as well as manages an ecosystem of apps. Apple was founded in 1977 and is based in Cupertino, California.


DEAL STATS #
Overall 22 of 113
Sector: Software M&A 13 of 39
Type: Add-on Acquisition M&A Deals 22 of 112
State: British Columbia M&A 1 of 3
Country: Canada M&A 1 of 9
Year: 2005 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-01 Emagic

Rellingen, Germany

Emagic a provider of professional software solutions for computer based music production

Buy $30M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-01 FingerWorks

Townsend, Delaware, United States

FingerWorks, Inc. a Gesture recognition company. It Develops the iGesture Pad and TouchScreen Keyboard. These products were initially developed to give users with repetitive stress injuries an alternative approach to mobile computing.

Buy -