M&A Deal Summary

Apple Acquires Vrvana

On November 21, 2017, Apple acquired technology hardware company Vrvana for 30M USD

Acquisition Highlights
  • This is Apple’s 12th transaction in the Technology Hardware sector.
  • This is Apple’s 23rd largest (disclosed) transaction.
  • This is Apple’s 4th transaction in Canada.
  • This is Apple’s 2nd transaction in Quebec.

M&A Deal Summary

Date 2017-11-21
Target Vrvana
Sector Technology Hardware
Buyer(s) Apple
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

Vrvana

Montréal, Quebec, Canada
Vrvana, Inc. is a designer and developer of virtual and augmented reality headset for gaming community. Vrvana, Inc. was founded in 2005 and is based in Montréal, Quebec.

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Buyer(S) 1

Buyer

Apple

Cupertino, California, United States

Category Company
Founded 1977
Sector Technology Hardware
Employees164,000
Revenue 383.3B USD (2023)
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 87 of 112
Sector (Technology Hardware) 12 of 15
Type (Add-on Acquisition) 87 of 111
State (Quebec) 2 of 3
Country (Canada) 4 of 8
Year (2017) 10 of 12
Size (of disclosed) 23 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-09 InVisage Technologies

Menlo Park, California, United States

InVisage Technologies, Inc. is a semiconductor company, that developes image sensor that captures light on using thinner camera modules such as mobile phones and drones. InVisage Technologies, Inc. was founded in 2005 and is headquartered in Menlo Park, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-05 Pop Up Archive

Oakland, California, United States

Pop Up Archive is a provider of audio tools that specializes in transcribing, organizing and searching digital spoken words. Pop Up Archive was established in 2012 and is based in Oakland, California.

Buy -