Apple should acquire...
Yesterday's rumor from Gawker that Apple is in negotiations to acquire Twitter for $700 million made me smile. Not because I think that it would be a great acquisition (I don't) but because it's just one of the many companies that Cupertino has been rumored to buy over the years.
Not that it couldn't. Apple has a very public $29 billion in cash reserves (which is bested only by Cisco’s $30 billion among tech companies) and could buy a substantial amount of the tech companies that are out there – they just never do. Apple seems perfectly content to sit on its cash hoard just in case a rainy day comes along.
Here's a short list of some of the companies that Apple has been rumored to acquire over the years:
- Adobe (2008)
- AMD (2007)
- Autodesk (2008)
- Disney (2006)
- Electronic Arts (2009)
- Netflix (2007)
- Nintento (2006)
- Palm (2006)
- Pandora (2008)
- Pixar (2005)
- Sony (2008)
- Sun (2006 and 2009)
- TiVo (2005)
- Twitter (2009)
- Universal Music (2003)
- Yahoo! (2009)
I'm just as guilty as the rest for spending Apple's bankroll. I've suggested Apple acquire TiVo (serveral times), Netflix, Pandora, Shazam, Midomi, Last.fm and even Hulu – but it doesn't look like that's going to happen either.
Who did I miss?
Photo: AppleGazette