Apple reportedly considering an acquisition of supercar manufacturer McLaren [Update: denied]

[HCK]

Apple reportedly considering an acquisition of supercar manufacturer McLaren [Update: denied]

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<p><strong>Update</strong>: McLaren has issued a statement in response, rejecting the report and denying any discussions with Apple about a potential investment. A separate report from the New York Times also indicates Apple is in talks to acquire Lit Motors, a startup working on a self-balancing motorcycle.</p>
<p>The Financial Times is reporting that Apple is in talks to acquire McLaren, a supercar manufacturer to aids its own automobile efforts for the long-rumored Apple Car. The report says Apple is considering a full takeover acquisition of McLaren with talks spanning several months.</p>
<p>In McLaren, Apple may be interested in expertise and talent relating to car materials and “on-board computer systems”. The FT says an acquisition would be valued around a $1.5 billion dollars; McLaren currently records yearly losses.</p>
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Source: Apple reportedly considering an acquisition of supercar manufacturer McLaren [Update: denied]