Feb 27, 2016

Tim Cook hinted that Apple is gearing up for a buying spree of smaller technology companies

Posted by in category: futurism

Not just Apple. 2016 could prove to be a year of acquisitions leading into 2017. With investors pulling back and some great start ups around; could prove a great year for M&A in tech.

Apple is giving strong hints that it sees the current landscape as a buyer’s market for technology companies.

“In times when equity values are falling there’s great opportunity to” purchase companies, Apple CEO Tim Cook said at the company’s annual shareholder’s meeting, held in Cupertino, California on Friday.

He’s looking for “great technology and great people.”

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