Cupertino Based Apple (NASDAQ AAPL) has recently acquired LinX. This new acquisition would help Apple with a variety of new features, all of which should be helpful in making Apple stronger. Although there has not been official statement from either parties, according to market reports, Apple have acquired LinX for around $20 Million. This reported acquisition was taken positively by the market, with the stock ending the day in green.
Here in this article, we will take a closer look at the reported acquisition, looking at how such a transaction might benefit both the sides. A closer look at the features which would be made possible from this acquisition would help us know more about the stock behaviour in the coming days.
LinX is an Israeli Based company which specializes in making camera sensors. Such sensors help in capturing images of better quality. As it turns out, the sensors made from LinX can be used in iPhones, making the mobiles even more sophisticated. LinX sensors help in making images more focused and multiple images can be caught in a single click.
Apple Inc (NASDAQ AAPL): LinX
With the acquisition of LinX, there has been speculation that the technology may be used in cameras of iPhones. iPhones currently have cameras which use Sony sensors. Currently the cameras are a positive feature of iPhones. People generally seem very comfortable in using the cameras of iPhones.
With the integration of LinX, the cameras may yet get more evolved. In fact, they would most certainly become more DSLR-esque. Apart from better quality, LinX integration would also lead to the introduction of 3D images and long distance image capture. Moreover this may also lead to a reduction in size.
Apple Inc financial news (NASDAQ AAPL)
It is most certainly too early for us to predict what this recent acquisition would mean for the Apple stock and for iPhones. However, by the looks of it, it does look like a positive deal which would benefit the stock in the coming months.
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