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M&A Deal Summary

Apple Acquires Wifislam

On March 23, 2013, Apple acquired software company Wifislam for 20M USD

Acquisition Highlights
  • This is Apple’s 20th transaction in the Software sector.
  • This is Apple’s 27th largest (disclosed) transaction.
  • This is Apple’s 31st transaction in the United States.
  • This is Apple’s 19th transaction in California.

M&A Deal Summary
Date 2013-03-23
Target Wifislam
Sector Software
Buyer(s) Apple
Deal Type Add-on Acquisition
Deal Value 20M USD

Target

Wifislam

Palo Alto, California, United States
Wifislam, Inc. an indoor GPS startup that enables a smartphone to pinpoint its location along with that of your friends. WiFiSLAM uses a combination of various methods to get better indoor locations. Obviously, WiFi and cell tower trilateration doesn’t work indoors. Instead, WiFi signals can be measured by any device to get an approximate location. In order for that location to be accurate, though, you have to use WiFi fingerprinting to get an idea of what the materials and construction of a particular building are going to do to WiFi signals.

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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 41 of 113
Sector: Software M&A 20 of 39
Type: Add-on Acquisition M&A Deals 41 of 112
State: California M&A 19 of 48
Country: United States M&A 31 of 71
Year: 2013 M&A 1 of 12
Size (of disclosed) 27 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-19 Color Labs

Palo Alto, California, United States

Color Labs provides a social application for photos (on Android and iPhone), called Color for Facebook. It allowed people to take photos in addition to viewing other photos also taken in the vicinity.

Buy $7M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-19 Hopstop.com

New York, New York, United States

Hopstop.com, Inc. provides door-to-door transit, walking, biking, and taxi directions in over 300 cities worldwide.

Buy -
Mergr

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