Apple Secures Animato Talent and IP in Strategic Acqui-Hire Deal Under EU Digital Markets Act
Apple expands its digital avatar capabilities by acquiring key Animato employees and licensing its intellectual property through a structured acqui-hire arrangement.
In a transaction filed with the European Commission under the EU Digital Markets Act, Apple has acquired select employees and intellectual property from Animato, a startup specializing in virtual avatar software for video chats and language tutoring. The deal includes a non-exclusive license to Animato’s IP and acquis…