Apple Confirms $1 Billion Investment in SoftBank Vision Fund – WSJ (Jan 4, 2017)
This is the second billion-dollar non-acquisition investment Apple has ever made, and both have taken place in the last few months. It’s hard to avoid the sense of a change in strategy here, and an attendant implication about innovation at Apple – that the company recognizes is can’t develop in-house or buy in all the innovation it needs, and will leverage research conducted elsewhere to an increasing extent going forward. Of course, both deals can also be seen as opportunistic with regard to governments, in China (Didi) and the US (SoftBank) as well.
via Apple Confirms $1 Billion Investment in SoftBank Vision Fund – WSJ
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