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Apple acquires TrueMeeting for 3D avatar tech

Jul 09, 2025•5 months ago

Acquiring Company

Apple

Acquired Company

TrueMeeting

CupertinoTel Avivelectrical/electronic manufacturingAnimation

Description

Apple has acquired the Israeli company TrueMeeting, specializing in 3D avatar technology. The deal, approved by the Israeli Competition Authority in January, strengthens Apple's capabilities in the 3D space. TrueMeeting allows users to create avatars by scanning their faces with smartphones. This acquisition is part of Apple's ongoing strategy to enhance its development initiatives in Israel.

Company Information

Company

Apple

Location

1 Apple Park Way

Cupertino, California, United States

About

Apple Inc. is an American multinational technology company that designs, develops, and sells consumer electronics, computer software, and online services. The company is best known for its hardware products such as the iPhone, iPad, Mac, and Apple Watch, and its software platforms like iOS and macOS.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed