Apple acquires database company FoundationDB

Apple has acquired Foundation DB, a company specializing in fast, affordable databases, TechCrunch reports. Financial terms weren’t disclosed, but FoundationDB is no longer providing downloads of its database software on the company’s website. The move bolsters Apple’s ability to deliver cloud services ahead of the company’s reported entry into the subscription TV business, but as usual, Apple is keeping quiet on the exact reasons behind the acquisition. “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,” Apple said.

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