M&A Deal Summary

Apple Acquires Dark Sky

On March 31, 2020, Apple acquired information services company Dark Sky

Acquisition Highlights
  • This is Apple’s 1st transaction in the Information Services sector.
  • This is Apple’s 65th transaction in the United States.
  • This is Apple’s 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2020-03-31
Target Dark Sky
Sector Information Services
Buyer(s) Apple
Deal Type Add-on Acquisition

Target

Dark Sky

Massachusetts, United States
Dark Sky is a mobile weather information services company that produces and distributes weather forecasts via a mobile app. The Company was formed in 2007.

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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 97 of 113
Sector: Information Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 96 of 112
State: Massachusetts M&A 2 of 2
Country: United States M&A 65 of 71
Year: 2020 M&A 2 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-16 Xnor.ai

Seattle, Washington, United States

Xnor.ai is a developer of on device artificial solutions and technologies.

Buy $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-03 Voysis Limited

Dublin, Ireland

Voysis is an artificial intelligence company that focuses on improving digital assistants inside online shopping apps. The Company's software helps to narrow product search results by processing shopping phrases.

Buy -