M&A Deal Summary

Apple Acquires DarwinAI

On March 15, 2024, Apple acquired software company DarwinAI

Acquisition Highlights
  • This is Apple’s 39th transaction in the Software sector.
  • This is Apple’s 8th transaction in Canada.
  • This is Apple’s 3rd transaction in Ontario.

M&A Deal Summary
Date 2024-03-15
Target DarwinAI
Sector Software
Buyer(s) Apple
Deal Type Add-on Acquisition

Target

DarwinAI

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

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Buyer(S) 1

Buyer

Apple

Cupertino, California, United States

website

Category Company
Founded 1977
Sector Technology Hardware
Employees164,000
Revenue 394.3B USD (2022)
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 111 of 111
Sector (Software) 39 of 39
Type (Add-on Acquisition) 110 of 110
State (Ontario) 3 of 3
Country (Canada) 8 of 8
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-07 Mira

Los Angeles, California, United States

Mira is an AR Company that makes headsets for other companies and the U.S. military. Mira was founded in 2016 and is based in Los Angeles, California.

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Mergr

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