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The company (BIS Records) is older than Apple itself. That's not the most common pattern in tech acquisitions. The targets are usually either small and fairly
by pavlov 3y ago
The company (BIS Records) is older than Apple itself.
That's not the most common pattern in tech acquisitions. The targets are usually either small and fairly new companies that provide some new tech or talent, or large and old companies that provide an established market (e.g. Compaq buying Digital, or AOL buying Time Warner).
- ta1243 3y agoApple Records is older than both
- AdamN 3y agoProbably one of the few Apple trademarks with an official exclusion from Apple's ownership.
- pavlov 3y agoThere’s also Apple Bank which has a lot of branches in New York. They have a logo that’s even more 1970s than the Apple one: https://www.applebank.com/ https://www.applebank.com/
- EricE 3y agoCredit union in northern VA too https://www.applefcu.org/ https://www.applefcu.org/
- ta1243 3y agoOnly since 2006, when Apple Computers paid a non-disclosed sum (reported to be £500m) to Apple Records. The earlier agreement had Apple Computer agreeing not to go into Music to avoid confusion. Apple Records, as the label of the Beatles, was hardly an unknown company
- rewmie 3y ago> That's not the most common pattern in tech acquisitions. I don't think any company in history ever said "I'd love to acquire that company, but I'll take a pass because it's been so successful that it managed to stay in business for so long. We definitely want none of that."