Acquisition History / Apple / init.ai

Apple Acquires init.ai

Announced October 2017

AppleMessaging assistant2017

What happened

Acquired by Apple (Messaging assistant); technology/product used in or became Siri.

Acquirer
Apple
Target
init.ai
Announced
October 2017
Price
Undisclosed
Industry
Messaging assistant

By the numbers

Apple's acquisition history
91st of 136 tracked deals
Disclosed prices
42 of 136 Apple deals
Apple's average disclosed price
$270.6M
Apple's largest disclosed deal
Beats Electronics ($3B)
Tracked acquisitions in 2017
75 across all acquirers
Apple in Messaging assistant
1 acquisition

Frequently Asked Questions About This Acquisition

When did Apple acquire init.ai?

Apple acquired init.ai on October 2017. This was Apple's 91st publicly tracked acquisition out of 136 we have on record.

How much did Apple pay for init.ai?

The price Apple paid for init.ai was not publicly disclosed. Only 42 of Apple's 136 tracked acquisitions have a disclosed price.

What does init.ai do?

Acquired by Apple (Messaging assistant); technology/product used in or became Siri.

What other Messaging assistant companies has Apple acquired?

init.ai is Apple's only publicly tracked acquisition in Messaging assistant so far.

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More Apple acquisitions

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