M&A Deal Summary

Apple Acquires Pixelmator

On November 1, 2024, Apple acquired internet software and services company Pixelmator

Acquisition Highlights
  • This is Apple’s 35th transaction in the Internet Software and Services sector.
  • This is Apple’s 1st transaction in Lithuania.

M&A Deal Summary

Date 2024-11-01
Target Pixelmator
Sector Internet Software and Services
Buyer(s) Apple
Deal Type Add-on Acquisition

Target

Pixelmator

Vilnius, Lithuania
Pixelmator develops innovative image editing apps for Mac and iOS. Pixelmator was founded in 2007 and is based in Vilnius, Lithuania.

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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 112 of 113
Sector: Internet Software and Services M&A 35 of 35
Type: Add-on Acquisition M&A Deals 111 of 112
Country: Lithuania M&A 1 of 1
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-15 DarwinAI

Waterloo, Ontario, Canada

DarwinAI provides visual quality inspection solutions with the help of AI. DarwinAI was founded in 2017 and is based in Waterloo, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-28 RAC7 Games

Vancouver, British Columbia, Canada

RAC7 Games is a video game studio that developed the Apple Arcade exclusive game Sneaky Sasquatch. RAC7 Games was founded in 2014 and is based in Vancouver, British Columbia.

Buy -