M&A Deal Summary

Apple Acquires Beddit.com Oy

On May 10, 2017, Apple acquired technology hardware company Beddit.com Oy

Acquisition Highlights
  • This is Apple’s 9th transaction in the Technology Hardware sector.
  • This is Apple’s 1st transaction in Finland.

M&A Deal Summary

Date 2017-05-10
Target Beddit.com Oy
Sector Technology Hardware
Buyer(s) Apple
Deal Type Add-on Acquisition

Target

Beddit.com Oy

Espoo, Finland
Beddit.com Oy is a Finnish maker of a $150 health-monitoring device that fits between a bed’s mattress and sheets to track sleep quality, heart rate, breathing and even snoring through the night.

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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 80 of 113
Sector: Technology Hardware M&A 9 of 15
Type: Add-on Acquisition M&A Deals 80 of 112
Country: Finland M&A 1 of 1
Year: 2017 M&A 3 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-23 Workflow

San Francisco, California, United States

Workflow is an app for iPhone and iPad that connects functions within other apps to make automated tasks easier.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-15 Lattice Data

Menlo Park, California, United States

Lattice Data, Inc. is a specialist in turning unstructured “dark data” such as text and images into structured data. Lattice was founded in 2015 as the commercialisation of DeepDive, a system created at Stanford to “extract value from dark data”.

Buy $200M