How Apple Bought Lala to Protect iTunes and Got Talent Through Color
In late 2009, Apple acquired Lala for a deal valued at $160 million ($80 million for the company, another $80 million in stock options and bonuses). Late last year Apple acquired Color. What do they both have in common? Founder Bill Nguyen. What’s even more interesting is how Apple eventually got seasoned former-Lala engineers for a lot less than they would have before—because they later acquired them as part of the $7 million purchase of Color.
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