Apple acquires database company FoundationDB

Updated

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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Dan Pye

Dan Pye was a news editor at iLounge. He's been involved with technology his whole life, and started writing about it in 2009. He's written about everything from iPhone and iPad cases to Apple TV accessories.