4 Merger and Acquisitions Stock Stories Ready for a Midweek Appraisal
Apple Inc. (NASDAQ:AAPL): Current price $493.65
Apple has acquired the Swedish startup AlgoTrim, which builds codecs and designs solutions that optimize performance of mobile imaging, data, video, and computer graphics while minimizing memory requirements, said a new report by the Swedish emerging industry news service Rapidus, confirmed separately by TechCrunch. The purchase helps Apple by permitting it to build more efficient media deliver for mobile devices that use up less bandwidth while preserving quality.
Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.