10 Biggest Business Acquisitions by Apple
Bangalore: Mergers and acquisitions have always played key role in the corporate world. The financial background is historic for takeovers. The 90s era had been significant in shaping up the ‘New Economy’ and brought up sequence of multibillion-dollar acquisitions that created History! Yahoo’s $6 billion possession of Broadcast.com in 1999 and @Home's almost $7 billion acquire of Excite are few of the major takeovers to top the list.
In current challenging and cut throat competition corporate honchos focus more on growth rather than revenues. Apple CEO Tim Cook stated that the company has taken over 9 companies this year and planning to do more acquisitions later this year. Previously the tech giant had a track record of buying six to seven companies a year.
However, mergers and acquisitions have been a very important trait of Apple. The company has knocked down some of the big companies over the years. Read on to know 10 major Apple possessions that made the company the bellwether of all.
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