toggle

AAPL Stock: 118.44 ( -2.86 )

Subscribe to this page now.

Report: Apple acquires Color engineers, not entire company

10/18, 2:12pm

Staff hire said to cost several million

Contradicting earlier rumors, Apple may not have moved to fully acquire the social video startup Color Labs. Unnamed sources have told AllThingsD that Apple's interest in the company is limited to the engineering team, which is said to have been acquired for $2 million to $5 million, rather than a complete company buyout worth "double-digit" millions.

more

Advertisement

Connect with Us

FREE Apple, iPhone and Mac Newsletter

  • We will not share your email address with anyone.

    Follow us on Facebook

    toggle

    Most Popular

    Advertisement

    Recent Reviews

    HP 14-x030nr 14-inch Chromebook

    If you're like us, chances are you've come to realize that you need the ability to access the Internet on the go. Also, you've prob ...

    15-inch MacBook Pro with Force Touch

    Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

    Typo keyboard for iPad

    Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

    toggle

    Most Commented