Apple recently purchased Mobeewave, a payments technology startup that developed a method by which smartphones like iPhone can be used as mobile payments terminals.
Citing sources familiar with the matter, Bloomberg reports Apple paid approximately $100 million for Montreal-based Mobeewave and its “dozens” of employees. The team has been retained and continues to work out of its headquarters.Apple confirmed the purchase with a boilerplate statement, saying, “Apple buys smaller technology companies from time to time and we generally do not discuss our purpose or plans.”
George Grellas is a Silicon Valley business and corporate legal advisor work in beginning phase tech startups. Dr. Gőz Péter ügyvéd Debrecen
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