Mike Becky

Tag Archive for ‘Acquisitions’

Apple to Deploy 1Password to Employees ➝

Jonathan Geller, reporting for BGR:

According to our source, after many months of planning, Apple plans to deploy 1Password internally to all 123,000 employees. This includes not just employees in Cupertino, but extends all the way to retail, too. Furthermore, the company is said to have carved out a deal that includes family plans, giving up to 5 family members of each employee a free license for 1Password. With more and more emphasis on security in general, and especially at Apple, there are a number of reasons this deal makes sense. We’re told that 100 Apple employees will start using 1Password through this initiative starting this week, with the full 123,000+ users expected to be activated within the next one to two months.

This is a big deal for sure, but let’s not put the cart before the horse when it comes to acquisitions. There’s quite a bit of information within this report regarding Apple deploying 1Password to employees, but there isn’t much evidence to say with certainty that an acquisition is in the works.

Here’s the relevant paragraph:

AgileBits’ annual revenue is said to be around the $5 million to $10 million range, and our source told us the company would most likely sell for two to three times revenue. Could Apple just be kicking the tires before diving in? Possibly, but it would seem unlikely at this point. Either this deal is the actual acquisition, structured in a way that provides additional annual revenue for a set number of years, or there’s something else going on. Jeff Shiner, the CEO of AgileBits, was overheard talking about the “Apple acquisition” in the glass conference room in the company’s Toronto office recently, but we have no firm details on what the context was or any specifics of the potential deal. We have reached out to both Apple and AgileBits for comment.

This might be the beginnings of an acquisition, but given the evidence presented, the claim is a bit weak. I think it would be wise for BGR to add “may be” to their headline.

However, if this is the beginnings of an acquisition and it goes half as well as their purchase of Workflow, it’s going to be great for users of Apple products.

Update: AgileBits has denied rumors that an acquisition is in the works through their 1Password Twitter account:

Rumours of my acquisition are completely false. My humans and I are happily independent and plan to remain so.

Pinboard Acquires Delicious ➝

Nick Heer:

A short history of Pinboard and Delicious, as told in four excerpts by ex-Yahoo/Delicious employee and now Pinboard lord and king, Maciej Cegłowski.

The last quote is absolute gold.

Instapaper Is Joining Pinterest ➝

From the Instapaper weblog:

Today, we’re excited to announce that Instapaper is joining Pinterest. […]

For you, the Instapaper end user and customer, nothing changes. The Instapaper team will be moving from betaworks in New York City to Pinterest’s headquarters in San Francisco, and we’ll continue to make Instapaper a great place to save and read articles.

Instapaper CEO Brian Donohue insists that there are no plans to shutdown or materially change the service in the short- or long-term. But you can never be too sure. If you rely on Instapaper, it would be wise to find an alternative that you can switch to if things ever start to go south.

Western Digital To Aquire SanDisk For $19 Billion ➝

Matt Burns, reporting for TechCrunch:

Western Digital just bought a bunch of memory cards. The storage giant just announced that it has agreed to buy SanDisk Corp for about $19 billion. This comes after speculation that SanDisk was shopping for a buyer.

The deal values SanDisk at $86.50 a share, which is a 15% premium on the previous day’s closing price, giving the company a value of $15.4 billion.

I was a huge fan of Western Digital hard drives back in my PC building days and they’re now my go-to brand when I buy external drives today.

Automattic Buys WooCommerce for Over $30 Million ➝

This is the kind of acquisition I’d expect from a smart company like Automattic.

Ottocat Acquired by Apple in 2013 for the App Store ‘Explore’ Tab ➝

Ingrid Lunden, reporting for TechCrunch:

There is precious little evidence of the connection between Ottocat and Apple — no LinkedIn employment changes, no announcements to Ottocat users — save for one thing. One of Ottocat’s co-founders, Edwin Cooper, authored a patent that was granted to Apple as the original assignee. It looks like that patent was filed by Cooper as an employee of Apple.[…]

The timing of Ottocat going dark in late 2013 links up with Apple announcing “explore” in the App Store in mid-2014, part of a series of updates made public during the WWDC that year to improve how apps can be discovered in the increasingly large and unwieldy App Store catalog.

I can’t remember ever using the App Store’s explore tab to find an application. Most of my app discovery takes place by searching on the web for an application feature and looking for links to websites I know who have showcased apps in the given category.

It’s a shame that I can’t trust the App Store’s built-in search functionality. But it rarely points me towards a high-quality app I’d be likely to use long term. Instead, I typically find a bunch of junky apps that are only loosely related to the search term. I wish Apple could find a company comprable to Ottocat, but for keyword searching rather than category drill-downs — that’s the kind of acquisition I’d like to see happen.

Automattic Acquires Longreads ➝

Automattic is a company to watch. They don’t typically garner headlines, but they make great web services and products and every once in a while acquire companies that are doing neat things.

Apple’s 2013 Acquisitions ➝

Maureen Farrell has compiled a list companies that are publicly known to have been acquired by Apple this year.