Add-on Acquisition • Technology Hardware

Apple Acquires FingerWorks

On April 1, 2005, Apple acquired technology hardware company FingerWorks

Acquisition Context

This is Apple’s 5th transaction in the Technology Hardware sector.
This is Apple’s 19th transaction in the United States.
This is Apple’s 1st transaction in Delaware.

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M&A Deal Summary
Date	April 1, 2005
Target	FingerWorks
Sector	Technology Hardware
Buyer(s)	Apple
Deal Type	Add-on Acquisition

Target Company

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.

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Buyer Overview 1

Buyer

Apple

Cupertino, California, United States

Category	Company
Founded	1977
Sector	Technology Hardware
Employees	164,000
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 Context for Buyer	#
Overall	23 of 113
Sector: Technology Hardware	5 of 15
Type: Add-on Acquisition	23 of 112
State: Delaware	1 of 1
Country: United States	19 of 71
Year: 2005	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2005-03-22	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.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2005-03-22

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.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2006-05-25	PowerSchool Folsom, California, United States PowerSchool is a provider of cloud-based software for K-12 education in North America. Its mission is to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their way. PowerSchool connects students, teachers, administrators, and parents, with the shared goal of improving student outcomes. From the office to the classroom to the home, it helps schools and districts efficiently manage state reporting and related compliance, special education, finance, human resources, talent, registration, attendance, funding, learning, instruction, grading, assessments, and analytics in one unified platform. PowerSchool was founded in 1997 and is based in Folsom, California.	Sell	-

DATE

TARGET

DEAL TYPE

VALUE

2006-05-25

PowerSchool

Folsom, California, United States

PowerSchool is a provider of cloud-based software for K-12 education in North America. Its mission is to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their way. PowerSchool connects students, teachers, administrators, and parents, with the shared goal of improving student outcomes. From the office to the classroom to the home, it helps schools and districts efficiently manage state reporting and related compliance, special education, finance, human resources, talent, registration, attendance, funding, learning, instruction, grading, assessments, and analytics in one unified platform. PowerSchool was founded in 1997 and is based in Folsom, California.

Sell

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