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Apple acquires Lithuanian image editing firm Pixelmator

Apple has announced its acquisition of Lithuanian company Pixelmator, known for creating image editing applications such as Pixelmator and Pixelmator Pro.

The financial details of the sale remain undisclosed by both firms.

Founded in 2007, Pixelmator has been recognized in image editing, particularly alongside apps like Photomator.

Despite the acquisition, Pixelmator assures that there will be no immediate changes to applications like Pixelmator Pro, Pixelmator for iOS, and Photomator.

Recent Apple Development

Timeline
01-Nov-2024 📉 Apple’s China sales dip despite iPhone boost
  • Apple’s China sales fell, shares dropped 1.4%
  • iPhone sales rose 5.5% to $46.22B, exceeding estimates
01-Nov-2024 📈 Apple’s services boast 74% margin, revenue hits $25b
  • Apple services revenue hits $25B, 12% growth
  • Services segment reports 74% gross margin in Q3
31-Oct-2024 💻 Apple reveals M4 chip MacBook Pro, boosts RAM for AI
  • Apple launches new MacBook Pro with M4 chip
  • Devices available in stores starting November 8
29-Oct-2024 📈 Apple’s revenue to rise 5.7% with strong iPhone, iPad sales
  • Apple forecasts 5.7% revenue rise this quarter
  • iPad sales expected to grow by 10.1% to $7.09B
29-Oct-2024 🍏 Apple launches new iMac with AI features

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