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Saturday, October 05, 2019 8:50:00 PM
Read this “material event” for yourself then show us where Apple disclosed their offer in an 8-K, or any other SEC filing PRIOR to consummating the deal!
From Financial Times article “Apple buys UK visual effects company iKinema”
Published October 4, 2019
Excerpt...
“Apple buys smaller companies from time to time, and we generally don’t discuss our purpose or plans,” Apple said, a statement it uses to confirm acquisitions.
In recent years, Apple has made several small acquisitions of AR companies to build or bolster its ARKit platform, including Metaio, Flyby Media, Emotient and Faceshift, as well as several start-ups that could provide components for a future AR headset, such as Akonia Holographics, Vrvana and SensoMotoric Instruments.
iKinema might help iPhone app developers to build more sophisticated games or allow Apple to add arms and legs to its animated emoji faces, which were introduced alongside the iPhone X in 2017.
Apple news site MacRumors was first to report the possibility of an acquisition, after noticing updates to UK regulatory filings that linked iKinema with Apple. Companies House filings also show that iKinema had 20 employees as of last year.
The terms of the acquisition were not disclosed.”
Source: https://www.ft.com/content/641c36c6-e6ab-11e9-9743-db5a370481bc
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